> We train people to become software engineers, and we charge nothing until a student gets a software job that pays more than $50k/yr. At that point we take 17%

> We train people to become software engineers, and we charge nothing until a student gets a software job that pays more than $50k/yr. At that point we take 17% of income for two years (capped at a maximum of $30k total). This is similar to how all university tuition fees in the UK work, with slightly different numbers. A very sensible solution to the astronomical cost of education, provided people want to get jobs. In the current UK scheme you pay 9% of the amount you earn over £21,000, or nothing while you earn less than that. Debt written off after something like 25 years if unpaid.