We could *almost* fund the company off of the increases in tax revenue Lambda students will pay. Not quite.
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Those numbers are fantastic, but I'm incredibly surprised that the median is *lower* than the mean. I'd expect that a few outliers at the top would drag the average way above the median.
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One word: internships
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I guess I don't understand then: do internships count as a hire? Or, if the internship is a significant pay raise over what they were making pre-lambda (totally possible given tech internship pay), you start counting from the moment they were hired as interns?
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Internships count while they're in them, yes. There aren't a ton of them, but they are usually low-paying until the student goes full-time, so those increases are small enough to drag the average increase down
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I mean it's only a ~$2,500/yr difference between the average increase and the median increase
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I think it might be a personal reaction because just about every single distribution I work with has mean >> median. Heavy tails rule everything around me!
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What is the average income prior to starting Lambda and getting a job after Lambda?
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Average after lands right at $70k
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Excuse my math but does that make pre-Lambda income ~25k a year?
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Not quite that simple; for some it’s higher for some it’s lower
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Ah but the average is then about there, yes?
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Are you also including the 0s (the people who don’t get a bump or don’t get a a job at all)? Also what is your cut-off period after which you declare the job search a failure? And as per this definition what % of people don’t find a job?
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We publish our metrics at 6 months post-graduation: http://lambdaschool.com/outcomes
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Thanks for the follow up. Admire the project you’re undertaking here: an educator with real skin in the game.
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These are the stats colleges should report.
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Exactly. Imagine the world we would live in if every college and university posted their outcomes.
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Incredible...
@LambdaSchool is truly revolutionary! Applied today after kicking it around for a while!Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is amazing. Cant wait to see you expand into other fields. Health Informatics is growing like crazy and could fit in your platform.
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