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Judging by the minimum gross base income requirement of $40K/year and your job title as BDR (a sales/lead gen role), it sounds like you want to break into SaaS sales instead of going into software engineering, product management, or other directly technical paths, right?
Speaking as someone who used an ISA (since I was cash poor & credit strained after helping in a family emergency) to successfully break into SaaS sales through a now defunct & bankrupt SaaS sales boot camp (their ISA collection practices were deemed predatory & unenforceable by multiple US states, especially since some states view ISAs as student loans that can only be offered by licensed schools, not just random for-profit entities), let me give you a few insights:
a. BDR/AE roles unfortunately get cut first & often, despite one’s best efforts, if/when a company’s product or service is simply not pivoting well or positioning itself competitively, or - on the other side of the coin - stuff sells so well that a merger/acquisition is done, and the next thing you know, your BDR/SDR/AE role is found redundant by the new parent firm & you’re cut loose anyway.
You need to ask yourself if you are ok w/ always being seen as that expendable, especially since inflation and competition is especially brutal these days when start-up funding is no longer generous, and large deals tend to be started & closed in sometimes really long sales cycles (ex. 6 to 18 mos., depending on what type of tech or tech services you are really selling) by those who already have their own connections & reputation to build on.
The company/ies you land w/ or w/o Pathrise help may or may not realistically afford to invest in their tech sales teams properly (some might even start cheating you out of hard-earned commissions or lay you off just to no longer pay you commissions due), so you really need to ask yourself if you have the stomach to ride through these difficult times as a budding sales professional.
2. Do you live in a high cost of living state that takes out a lot of taxes & deductions off every full-time W2 paycheck?
If so, keep in mind that 14% of your gross monthly take home pay is a hefty amount of cash you could have used for other things, like paying down other debts you may already have (student loans, credit cards, etc.).
If you happen to be making stead commissions & bonuses in a modest base pay w/ benefits SDR/BDR/AE role, keep in mind your ISA would likely then get 14% of the higher gross pay (including commissions/bonuses) you are getting.
So again, if you land a W2 role w/ taxes/deductions taken out, that really means you are not going to be making any personal real net worth increase immediately.
Some sales roles also get cut in as little as 3 to 6 months as business capital gets tight, so the 24-mo payment term may find you literally just making enough to pay just some of your ISA as your work experience might still face choppy waters, so to speak.
You need to ask yourself if you can really afford to let go of 14% of your gross take home pay or maximum $18K of future earnings at this stage of your life.
FYI some of my fellow alumni at my old SaaS boot camp actually had to file for personal bankruptcy when they saw how the ISA plus all the other existing obligations & rising expenses plus new emergencies they had just were too much, compared to what relatively little lands in their post-deductions income.
3. Read your ISA fine print closely - can the ISA be sold or assigned to other creditors/investors? If so, that means other creditors/investors could hound you for payments even if you happen to be laid off or working in a job unrelated to Pathrise training.
4. You might get better bang for your buck joining the non-profit American Association of Inside Sales Professionals (AA-ISP), w/c gives discounts to affordable dues-paying members for certification training, has job postings from companies specifically looking for AA-ISP members w/ certified skills, etc.
Personally speaking, while I was grateful to that old boot camp for getting me the interview into my 1st SaaS role (but afterwards any other roles I got was on my own/they were really not that much help) in hindsight it would have been more ideal of the AA-ISP was more active back then, because ISAs in general take away too much of one’s future earnings.
5. Honestly, maybe another better investment of your time & some money might be in hiring a career development coach who can make your Resume and LinkedIn more ATS (applicant tracking system)-competitive, plus prep you for Interviews.
At least w/ those kinds of one-on-one ATS-proofing Resume /LinkedIn profile-writing services, you might be paying upfront, but after you land the role, you no longer owe any more money to anyone.
Getting good-paying work has been marred by a combination of the over-use of ATS that unfairly disqualified otherwise great candidates into larger companies that offer better pay & benefits, so maybe a career devt. coach (who might even advise you that there are other jobs outside of sales you could win) might be way more helpful than an ISA-driven boot camp/job placement service laying claim to your future income, IMHO.
Hope this helps and wishing you well.*
Just no. Why? Don’t do it. Nobody will hire you because of Pathrise anyway. I think you need to earn your next position. I’ve never been out of work more than 30 days in my entire career in way worse economic situations. Get busy and figure it out. You can do this yourself.
I will definitely keep that in mind in the future. As they say, “no good deed goes unpunished”. Sounds like your mind is made up to use the service like this. Good luck!
I thought pathrise was specifically for engineers? Based on the reviews it received.
14% is more than social security taxes. I would skip this
Pathrise has always had big scam energy. Pay for a month of Exponent instead.