> > "You can choose to pay $20k upfront for Lambda tuition ... You'll never pay more than $30k ..." > Wait, you are charging 50% interest? Possibly over two ye

> > "You can choose to pay $20k upfront for Lambda tuition ... You'll never pay more than $30k ..." > Wait, you are charging 50% interest? Possibly over two years? that's not how interest works. on a variety of levels. for starters, "50% over two years" would be 22% annualized, which is the only way anyone talks about interest. admittedly, that would be a high interest rate. except it isn't interest. what you pay is a function of how much you earn. try borrowing money from the bank for 6%, and see if they'll let you just stop paying if you don't make any money. > I started a (very small, very unprofitable) school in a far away country and also happen to have a teacher's degree what were you teaching that didn't require simple arithmetic, or reading comprehension?