4 ms·

I really like the innovative funding model, although intuitively it seems pretty high risk?

• pitt1980 12y ago
  "intuitively it seems pretty high risk" for who?
  • ripb 12y ago
    For the company. Depending on how it is implemented, taking a cut of the first 2 years' salary could be very high risk. Intuitively there seems to be little to stop someone taking the education and then absconding abroad.
    • jacobsenscott 12y ago
      There is a lot to stop most people from "absconding abroad". Family, friends, culture, language, visa requirements, ...
    • pitt1980 12y ago
      it's be interesting to know how a situation where student takes school, then starts their own company and pays themselves ramen salary is handled seems like a good portion of their target market might have something like that in mind also (opportunity cost of two years and having to live in one of the more expensive real estate markets in the US isn't exactly risk free for the student either)