FREE Masters Degree! (CA State Authorized by BPPE)

[bjcheung77]

Well, just came across a FREE Masters degree!  With a catch-22 phrase of course! Doh!
No tuition until you're hired (high paying job)!  Yeah, how does that work anyways?
Would it be "free" if the job isn't as high paying as the one I want or the one I have right now?
Basically - They have 3 masters degree options for the picking, and all three are exactly what I want... 

MSc. in CS - AI & Machine Learning
MSc. in CS - Data Science
MSc. in Digital Marketing

Just going to go through a few more of these BPPE authorized degrees and see what I come up with later!
Link:  Admission and Tuition - Contemporary Technology University (contech.university)

[jb111]

Interesting.  Wonder if it ends up being a loan of some sort (subsidized or unsubsidized)

[Vle045]

are you going to reach out to get more info on what a “good paying” job would be? And do you have to prove that you are actively applying for jobs, etc?

[carrythenothing]

It’s a fixed amount of $500 every month when you make $2,500 or more a month ($30,000 or more annually). Repayment term finishes when the total amount of SNPL is completed.

You will be sharing if any changes occur in your income.
Upon graduation, withdrawal from Contech, or being withdrawn, or starting a new job (qualified or not) you will be required to send a pay stub, a letter from your employer, or a contractual agreement stating your income to Contech. You must do this on a regular basis, including:
– No later than five days after starting your new job
– Every time your income increases or decreases
– Every 30 days, even if your job is outside of the tech industry

https://contech.university/study-now-pay-later/

Linked to by https://contech.university/payment-options/

[jsd]

lol @ $30k being a good paying job. There was another place similar to this posted recently. Below minimum wage is many places should not be considered a good paying job anywhere.

[dfrecore]

It's a $20k loan, and I imagine there's an interest rate of some kind.

Considering this is Silicon Valley, I can't imagine how they think $30k/yr would be a good job? Which means they're going to get anyone there - I don't think there's a job in SV that pays below $75k or $100k/yr. So, you're going to be paying back this student loan.

[carrythenothing]

lol @ $30k being a good paying job. There was another place similar to this posted recently. Below minimum wage is many places should not be considered a good paying job anywhere.

Someone posted the same school about five months ago: https://www.degreeforum.net/mybb/Thread-...CS-AI-Data

[ss20ts]

$30K is far from a good paying job in my neck of the woods. You couldn't even afford a 1 bedroom apartment with that salary here. Maybe overseas is what they mean? $30K in some parts of the world would be a good paying job.

[bjcheung77]

Oops... Thanks for letting us know there was a previous post on this, I thought it was familiar as I commented on the previous thread!  That's so weird, I did a search for "con tech" and nothing comes up, so I posted this thread... now I did a second search for "contech" and that previous post comes up!

[Old Guy]

$30K is far from a good paying job in my neck of the woods. You couldn't even afford a 1 bedroom apartment with that salary here. Maybe overseas is what they mean? $30K in some parts of the world would be a good paying job.

30k is minimum wage where I live but that's in Canadian yen.