People saying Lambda School’s model is the same as loans in Britain. Britain: Payments once making over £25k, 3-7% interest, forgiven after 30 years, taxpayers pay school if default. Lambda: Payments once making £ 38k, no interest, forgiven at 5 yrs, school makes $0 if default
-
Show this thread
-
The point of Lambda School isn’t just that you only pay after you’re making
$x/yr. It’s that Lambda *doesn’t* get paid if you don’t get a great job. Passing the bill explicitly to taxpayers is perhaps better than the system in the US, but incentives aren’t aligned at all.5 replies 8 retweets 152 likesShow this thread -
Suppose there are two schools. One only gets paid if you get and keep a great job, the other gets paid no matter what. Which do you suppose will be more interested in your career success?
15 replies 23 retweets 276 likesShow this thread -
Replying to @AustenAllred
I agree with what you are doing it is truly great. But for this to really change our society it needs to work for university degrees and those outside of programming. For example Law, Medicine, etc... Computer Science is the low hanging fruit as it is in demand right now.
1 reply 0 retweets 0 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.