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Austen Allred: Lambda School, Y-Combinator, Free Education, Programming and Code

The Quest Pod with Justin Kan

CHAPTER

Are You a Ten Thousand Dollar Loan Bankrupt?

When it's more accessible, the quality of applicants goes up. "There were so many people who were so hungry for a chance," he says. A loan can cost 33% or 25% of your pre tax income and then interest on top of that. Most people aren't even smart enough to do the math up front,. They just know that there's no way in hell i'm going to spend ten thousand dollars"

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