Lambda School is giving an $18,000 stipend to select students (lambdaschool.com) 2 points by feross 7y ago ↗ HN
[–] jppope 7y ago ↗ If you have to pay that back isn't a better term for it a "loan"? [–] [deleted] 7y ago ↗ (comment deleted) [–] t0mmycollison 7y ago ↗ (Disclosure: I work for Lambda.)Two big differences: - A loan, generally, is something you have to pay back. If you don't get a job making over $50,000, you don't pay Lambda a cent. - Loans generally have interest, which Lambda ISA payments don't.
[–] t0mmycollison 7y ago ↗ (Disclosure: I work for Lambda.)Two big differences: - A loan, generally, is something you have to pay back. If you don't get a job making over $50,000, you don't pay Lambda a cent. - Loans generally have interest, which Lambda ISA payments don't.
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[ 3.1 ms ] story [ 14.2 ms ] threadTwo big differences: - A loan, generally, is something you have to pay back. If you don't get a job making over $50,000, you don't pay Lambda a cent. - Loans generally have interest, which Lambda ISA payments don't.