I have a contract with my employer that states I have to pay off my $80,000 training (prorated) if I leave before 2 years are up. How does paying this off work?

I started in June of last year. I have an offer from another company, which would start at the end of September. So I would owe around $30,000.

The new company has offered a $5,000 signing bonus to help with the cost, so I would owe $25,000. I don't have $25,000. How do I go about paying this off? Would I take out a loan? Does it depend on how my contract is written?

Submitted August 31, 2018 at 10:44AM by AhamkaraWhisperer https://ift.tt/2MEl1Bv