Lambda School (YC S17) now pays eligible students $2k/month

Re:Lambda School (YC S17) now pays eligible students $2k/month by WA on Wednesday March 13, 2019 @05:42AM (#19377121)

How long does this "pay 17% of your salary" apply? What if my first job pays less and then I switch jobs, or I get a raise that goes over the $50K but only after a couple years?

Maybe an explanation is: CS students usually don't get entry-level jobs that pay more than 50K EUR, often probably less. So maybe they hope that they never have to pay back. Or they don't care and are happy to have a good education after all.

I'm happy for you and the growth and maybe I missed something :)

[ Parent | on HN ]

Re:Lambda School (YC S17) now pays eligible students $2k/month by barry-cotter on Wednesday March 13, 2019 @06:48AM (#19377484)

https://lambdaschool.com/eu/

TUITION OPTIONS - 0 up-front + 10% of salary for four years (£25k GBP / €27.5k EUR maximum total payment)

- £16k GBP or €18k EUR up-front + no income-based repayment

PAYMENT CAP £25k GBP / €27.5k EUR maximum

[ Parent | on HN ]

Re:Lambda School (YC S17) now pays eligible students $2k/month by WA on Wednesday March 13, 2019 @07:26AM (#19377643)

Thanks, but this doesn't answer the question on whether or not the four years start right after "graduation" or when I start my first job. So can I reduce my tuition by slacking around for a couple years?

[ Parent | on HN ]

Re:Lambda School (YC S17) now pays eligible students $2k/month by calebhicks on Wednesday March 13, 2019 @08:14AM (#19377863)

The payback period begins when you get paid at a qualifying job, and pauses if your work does. (ie. Lose your job, or decide to move and takes a month or two to land new gig, etc)

The five year payment window clock starts on graduation. So if you don’t get a qualifying job within 5 years of finishing class, you pay nothing.

[ Parent | on HN ]

Re:Lambda School (YC S17) now pays eligible students $2k/month by isaacaderogba on Wednesday March 13, 2019 @06:45AM (#19377474)

The EU has a lower salary threshold - €27,500 I think, though it isn't explicitly listed on the site (https://lambdaschool.com/eu/)

EDIT: Not sure if you were referring to US or EU, since you mixed around the $ and € sign a little!

[ Parent | on HN ]