How can Lambda’s come after a “free student” for payment? What if a student can’t pay back? Gets ill? Changes career choices? How much does Lambda make from each student in revenue and valuation? What rights (if any) do investors have to students as EEs over non-investors?https://twitter.com/stefanwild/status/1049382275782270977 …
If a student quits working or goes to work somewhere else where they’re making below the $50k minimum their payments stop. Students pay back $0-30k depending on how much they earn as a result of the school. The agreement disappears after 5 yrs if they haven’t paid back.