Lambda School student today: “I know how much you’ve invested in and believed in me, and I want you to know that I’m going to try like hell to get a job where I pay back the FULL CAP on the income share agreement. Then I’m gonna keep that job and make that money forever.”
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I remember an on-paper financial planning exercise I did in college where I had accurate data with respect to early-career offers (sourced from our department), probably did all the math right, and came to disastrously wrong conclusions because of embedded assumptions re: career.
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(Chief among them: "Engineers are like other middle class professionals, right? You start at X, your salary increases smoothly, and you under no circumstances change jobs, experience a discontinuity, or exceed some notional asymptote that you'll reach 20~25 years in.")
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