Lambda School's most recent cohort to reach 6 months on the job market just hit 86% hired. We only count a student as "hired" if they're making $50k+ as a software engineer.
The denominator is graduates. Makes no sense to measure hiring rate of people who didn't graduate.
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I trust/imagine you all are faithful/honest, but remember in the first wave of bootcamp mania hearing many stories of students being "kicked out" a day/week before graduation to juice those numbers. placement rates should be shared/celebrated in parallel w graduation rates.
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Ya that's not happening. Our graduation rate is around 85%
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There would be zero incentive, right. As company gets paid when people get good paying jobs
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Depends. Post-grad placement rate (and then post-hire performance) are top datapoints for marketing/growth. You could imagine someone v cynical juicing those
#s even at risk of short-term revenue bc student acq is the harder long-term problem than grad placement -
Lambda doesn't strike me as being anywhere near the student acq problem. I'd expect the opposite, and I'd expect that to be a trend for the next year or two. Even after that tbqh, given they clearly understand how to tell a story better than any other bootcamp style school.
End of conversation
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