Karl McDonnell, CEO of Strayer Education talks to Cheddar about the new tuition plan at its New York Code + Design Academy. Students don't need to pay the school back until they have secured a $40,000 salary. After that, they will pay the school 8% of their salary each year until tuition is paid off. The aim is to allow more students to take classes without financial burden. Plus, McDonnell talks about the company's partnership with Cheddar and why creating an MBA program on Facebook is the future of education.