Why should somebody whom society left behind be expected to pay in their pursuit to have a normal life like everybody else? These people are just getting their lives started, I don’t want them to have a looming payment hanging over their heads.
Do as you wish, of course; it’s your (potential) money and your time. My perspective was that maybe having some of the money back would allow you to teach more people. Like, that you can afford to donate money to ten people, but you could loan money to hundred people; and although getting a gift is better than getting a loan, hundred is also more than ten. On the other hand, if money is not the bottleneck but your time is, then this doesn’t make sense. No “should’s” were involved in the calculation.
Also, payments in style of Lambda School are not that bad. They are limited in time (unlike school loans), and you only pay if you get a well-paying job. That means that having the new job and the debt is already an improvement over having the old job (and then the debt expires so it becomes even better), and if you fail to get the promised new job, then there is no payment.
My perspective was that maybe having some of the money back would allow you to teach more people.
I understand where you are coming from. From my perspective, I don’t see the point of helping “more” people. Doing so lowers the quality for the existing students and creates more burden on myself. If you were in my shoes, what would be the inspiration for helping more? For me, I’m just looking for a balance. One person at a time, when a student leaves I’ll get one or two more to fill the spot depending on budget.
payments in style of Lambda School are not that bad… and if you fail to get the promised new job, then there is no payment
I really hope you are right. Personally, the students who are the slowest have severe self confidence issues and they don’t communicate their emotions very well. It breaks my heart to imagine the emotional turmoil they might feel if they fail. Part of what I spend most of my time doing is to make sure nobody fails. I’m extra committed to make sure nobody gets left behind. Maybe it makes a difference, maybe not.
Do as you wish, of course; it’s your (potential) money and your time. My perspective was that maybe having some of the money back would allow you to teach more people. Like, that you can afford to donate money to ten people, but you could loan money to hundred people; and although getting a gift is better than getting a loan, hundred is also more than ten. On the other hand, if money is not the bottleneck but your time is, then this doesn’t make sense. No “should’s” were involved in the calculation.
Also, payments in style of Lambda School are not that bad. They are limited in time (unlike school loans), and you only pay if you get a well-paying job. That means that having the new job and the debt is already an improvement over having the old job (and then the debt expires so it becomes even better), and if you fail to get the promised new job, then there is no payment.
I understand where you are coming from. From my perspective, I don’t see the point of helping “more” people. Doing so lowers the quality for the existing students and creates more burden on myself. If you were in my shoes, what would be the inspiration for helping more? For me, I’m just looking for a balance. One person at a time, when a student leaves I’ll get one or two more to fill the spot depending on budget.
I really hope you are right. Personally, the students who are the slowest have severe self confidence issues and they don’t communicate their emotions very well. It breaks my heart to imagine the emotional turmoil they might feel if they fail. Part of what I spend most of my time doing is to make sure nobody fails. I’m extra committed to make sure nobody gets left behind. Maybe it makes a difference, maybe not.
Thanks for sharing your thoughts.