Google's new $100 million Google Career Certificates Fund

[LevelUP]

This is basically a rip off disguised as a great program to help people get ahead. Google hires people and trains them while they pay them as do some of the other IT related companies. As others have pointed out, the google cert can be gotten for a few hundred. Let's see how this looks all spelled out.
Single: Gross income $40,000. 
A simple google search turned this up: ( I could look this up on the IRS website but I won't)
>Tax Type
Marginal Tax Rate
Effective Tax Rate
2021 Taxes*
Federal
12.00%
7.74%
$3,095
FICA
7.65%
7.65%
$3,060
State
5.25%
3.84%
$1,536
Local
0.00%
0.00%
$0
Total Income Taxes

19.23%
$7,691
Income After Taxes
$32,309
Take-Home Pay
$32,309

  Okay, so now you're down to $32,309. Let's assume your boss has a good insurance plan and they only take out $20.00 per week from your check. Now you're down to $31,269.00. We won't get in to anymore deductions because many of those are voluntary, let's go with this.
 This equates to $601.33 a week or $2405. per month. With standard bills: groceries, rent/house payment, car payment, insurances, cell phones, internet, gas for the car, utilities......a $95 payment per month for 60 months is a lot to consider. 
  Just another form of student debt.

9 states including Texas have no state income tax.

So I got $33,893 left out of $40,000.  ($12950 standard deduction for 2022)