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Comment by lost_my_pwd

Way down at the end of the page an "oh, by the way..." disclosure:

  After the program graduates pay 15% of their income for 2 years if they are earning over $40,000, capped at $30,000 total paid back to Modern Labor.
There is also the implication that a potential starting salary is $91,476:

  $91,476 The salary of an entry-level front-end developer (Source: PayScale, 2019)
Assuming that was somehow true...

  %15 * $92K * 2yr - ($2K/mo * 5mo) = $17.6K total cost of tuition
Looking around, ~$11.4K is the average tuition for a coding school, so this proposition works out to be a rather high interest loan (that can't be paid off early):

  $17.6K - $11.4K = $6.2K in interest
  $6.2K / $17.6K / 2yr = 17.6% APR
parent lost_my_pwd 7 years ago

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