“Your education is free if you don’t get employed in your field of study” is a really, really powerful sales message to someone who might on day one have very literally never met anyone in their field of study.
-
-
Show this thread
-
There is a huge, huge gradient in how SFBA insiders perceive talent market (approximately: “Not our firm, we have standards, but market will find a job for any warm body even minimally capable of programming right now”) and how outsiders perceive their own likelihood of success.
Show this thread -
I remember materially underpredicting my level of ability and future career progression on entry into undergrad, and would have picked equity over debt in a heartbeat if it had been an option.
Show this thread -
(Counterintuitively to me, no ISA I’ve ever seen would have resulted in the note holder having a positive experience from funding my education, because I had a really weird trajectory in early years of career as a consequence of Japanese salaryman and then entrepreneurship.)
Show this thread
End of conversation
New conversation -
-
-
Got a link to the article?
-
https://www.bloomberg.com/opinion/articles/2019-04-09/ceos-learn-something-in-business-school … And if you don’t get his newsletter in your inbox every morning, there should be a link to take care of that. Strongest possible recommendation; it’s the best one in tech / finance.
- 1 more reply
New conversation -
-
-
I think the fact that Lambda caps the total repayment makes it different from equity as well (thus nullifying the 'no reason to sell shares in it for cheap' objection). A capped repayment is more like debt.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Second terrible hot-take on
@LambdaSchool I've seen in as many days. Poor people are the "target audience". It's not surprising that this financial analysis ignores them. Most do. -
...That’s literally what Patrick just said. He just articulated why it might not be a terrible deal for them (us)
- 2 more replies
New conversation -
-
-
Students (read: kids) who underpredict their career trajectory: literally 80% of all students (again, they are kids – we all were, and had no idea how things would turn out when we got religion (confidence in our own skills) and turned on the professionalism and seriousness).
-
The ratio is likely very different in places like SV, but even in other large cities areas around the world, most people are not career minded when they enter school. It's actually likely higher than 80%.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.