Yeah my husband did this in Australia and had his whole obligation paid off in under 10 years. We don’t have to (re)invent *everything* here, you guys.https://twitter.com/nytimes/status/1082577684314632192 …
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I get that Lambda is doing some really interesting new things (which being an Oliner I am very in favor of!) but calling this a “novel idea” and calling it an “experiment” is kinda embarrassingly exceptionalist.
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Lambda's rate of innovation is what is super interesting here-- they are rolling out new coursework, meta-level teaching structures, and student support systems in seemingly no time. I was super skeptical of them for a long time, not so much anymore
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Yes, Lambda is doing a lot quickly. That’s not what the focus of the article was - the article’s framing showed a shameful unawareness that this particular tuition model is the norm in a lot of places that aren’t the US.
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I dunno.... i actually agree that comparisons w/examples of public policy solutions make no sense. This biz model will always be optimized to produce plastic surgeons vs. geriatricians. Meanwhile nearly 1 in 6 Americans is 65+, and we’re not solving this lack on a market basis.
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