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Trading tuition for a slice of future income
Toronto-based private college HackerYou is launching a new payment option that enables students to enrol for $1 up front in exchange for a portion of their future earnings.
Canadian coding school launches new delayed-payment option
https://www.cbc.ca/news/business/trading-tuition-for-a-slice-of-future-income-1.5096611
Canadians who are interested in learning to code but are short on cash can now trade a stake in their future earnings for an education.
Toronto-based HackerYou College of Technology is launching a new payment option known as an Income Share Agreement, an arrangement that essentially enables a student to go to school for free in exchange for handing over a predetermined portion of their earnings later on.
Students who choose the ISA option at HackerYou would pay $1 up front for a nine-week, full-time web development boot camp program that otherwise costs $12,000. Once a graduate earns a before-tax salary of $50,000 a year or more, they would be required to pay the school back 17 per cent of their income for 24 months.
Toronto-based private college HackerYou is launching a new payment option that enables students to enrol for $1 up front in exchange for a portion of their future earnings.
Canadian coding school launches new delayed-payment option
https://www.cbc.ca/news/business/trading-tuition-for-a-slice-of-future-income-1.5096611
Canadians who are interested in learning to code but are short on cash can now trade a stake in their future earnings for an education.
Toronto-based HackerYou College of Technology is launching a new payment option known as an Income Share Agreement, an arrangement that essentially enables a student to go to school for free in exchange for handing over a predetermined portion of their earnings later on.
Students who choose the ISA option at HackerYou would pay $1 up front for a nine-week, full-time web development boot camp program that otherwise costs $12,000. Once a graduate earns a before-tax salary of $50,000 a year or more, they would be required to pay the school back 17 per cent of their income for 24 months.