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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Nov 12

    Have spent the last few weeks talking to university administrators A half dozen told me they’re experiencing “historic rates of attrition” even at state schools. Freshmen just aren’t coming back for a second year Only anecdotal, but I truly believe the bubble is starting to pop

    8:49 AM - 12 Nov 2018
    • 90 Retweets
    • 637 Likes
    • dwipin chandran Juuso Jaakkola Adityo Sanjaya Jason Huggins 🦃 Assert Arxiv andrewigga Shreya Kothari Hassan Hayat Michalis Polakis
    25 replies 90 retweets 637 likes
      1. New conversation
      2. Rich Guadalupe McDonald‏ @BiomedicalDude Nov 12
        Replying to @AustenAllred

        That makes sense. For example, same info taught in basic #biochemistry/#chemistry classes as in 1980, yet tuition increased 1,000+% since then. More $$$ for same garbage taught in 1980 = dead value.

        1 reply 1 retweet 5 likes
      3. cacarr‏ @cacarr Nov 13
        Replying to @BiomedicalDude @AustenAllred

        Basic chemistry is garbage?

        1 reply 0 retweets 0 likes
      4. Austen Allred‏Verified account @AustenAllred Nov 13
        Replying to @cacarr @BiomedicalDude

        No, the argument is you could do the same or better for much cheaper

        2 replies 0 retweets 1 like
      5. cacarr‏ @cacarr Nov 13
        Replying to @AustenAllred @BiomedicalDude

        Can you get 17% teaching basic chemistry -- or, can you crank out some sort of highly employable chemical engineer in 30 weeks?

        1 reply 0 retweets 0 likes
      6. Austen Allred‏Verified account @AustenAllred Nov 13
        Replying to @cacarr @BiomedicalDude

        Doesn't need to be 17% of 30 weeks. Flexible

        0 replies 0 retweets 1 like
      7. End of conversation
      1. New conversation
      2. Leigh Drogen‏Verified account @LDrogen Nov 12
        Replying to @AustenAllred

        The next recession is gonna wipe the slate clean here

        2 replies 0 retweets 10 likes
      3. Kelly Peeler‏ @kellypeeler Nov 12
        Replying to @LDrogen @AustenAllred

        that's what I've been saying...

        1 reply 0 retweets 0 likes
      4. Austen Allred‏Verified account @AustenAllred Nov 12
        Replying to @kellypeeler @LDrogen

        “Wipe slate clean” in what sense? Recessions have traditionally been great for schools

        1 reply 0 retweets 14 likes
      5. nicholas russell‏ @BetterCity Nov 12
        Replying to @AustenAllred @kellypeeler @LDrogen

        Universities offer a number of things: information, knowledge, validation, community, social signalling. Last recession, there was open coursework, which did #1, but that was it. Since, #2 and #3 have come online. #3 key as it’s now possible to get a certificate of validation.

        1 reply 0 retweets 0 likes
      6. nicholas russell‏ @BetterCity Nov 12
        Replying to @BetterCity @AustenAllred and

        Therefore, what’s left is community and social signalling. Both important, however not as important as knowledge and validation — which compose most of what we say is valuable about education.

        1 reply 0 retweets 1 like
      7. nicholas russell‏ @BetterCity Nov 12
        Replying to @BetterCity @AustenAllred and

        Hence what will be different in next recession are new career tracks — startups, new work — gig economy, and now new education. Which is a platform which provides validation of knowledge/skill. Decoupling education from school.

        1 reply 0 retweets 2 likes
      8. nicholas russell‏ @BetterCity Nov 12
        Replying to @BetterCity @AustenAllred and

        Old model slow and heavy. Admissions. Fees. Set timings. All-or-nothing degrees. Four year commitment. New model is open to all, lower cost, flexible timings, and modular degrees. Shorter commitments. Doubt uni will die, but online ed does decouple education from schools.

        1 reply 2 retweets 7 likes
      9. 4 more replies
      1. Simon J. Anderson‏ @Futur1st Nov 12
        Replying to @AustenAllred

        How long until the first fund that invests solely in converting and reselling distressed university properties? College dorms could make great affordable housing

        0 replies 2 retweets 10 likes
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      1. New conversation
      2. marko calvo-cruz‏ @CruzCalvo Nov 12
        Replying to @AustenAllred

        I think the higher education market resembles a religion more than a bubble. Religions don't suddenly disappear, they are replaced with an alternative :)

        1 reply 0 retweets 3 likes
      3. Stefan von Imhof‏ @stefanvonimhof Nov 12
        Replying to @CruzCalvo @AustenAllred

        And remember, religions manage the stay relevant loooong after they've been replaced by something better. Traditional higher education likely won't be a bubble pops suddenly, but rather a long, slow bleed that will eventually morph or split into dozens of better options.

        0 replies 0 retweets 3 likes
      4. End of conversation
      1. New conversation
      2. Ben Braverman‏ @braveben Nov 12
        Replying to @AustenAllred

        I went for one semester and realized ‘oh my god this is trading my parents home equity for a 4 year party in the woods’. Having said that, the party was pretty fun

        1 reply 0 retweets 13 likes
      3. 1 more reply
      1. Bosh‏ @BigCougSteve Nov 12
        Replying to @AustenAllred @balajis

        Wait you mean to tell me that not everyone should go to college and that by force feeding the lie that you are only successful if you graduate from college we've given the youth a major mental and financial burden that they will have to overcome?

        0 replies 0 retweets 6 likes
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      1. New conversation
      2. Juan Llosas‏ @jLLOSAS Nov 12
        Replying to @AustenAllred

        @naval Once the Oculus Quest comes out and someone makes a VR MOOC with accreditation it's "GAME OVER"!

        1 reply 1 retweet 2 likes
      3. Jeremy Diamond‏ @Jer_Diamond Nov 12
        Replying to @jLLOSAS

        I am a huge champion for VR and this is just hilariously unrealistic.

        2 replies 0 retweets 0 likes
      4. Juan Llosas‏ @jLLOSAS Nov 12
        Replying to @Jer_Diamond

        Not as fast as when the Oculus Quest comes out lol but "distance education" rates are going up and should definitely increase with VR tech.

        0 replies 0 retweets 1 like
      5. End of conversation

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