Brokenness = potential energy. Anything badly broken is a dam holding back a lake of unrealized desires. A startup that can bore a hole through such a dam can liberate all that energy.
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Lambda School may not be a complete solution to the brokenness of US higher education, but it's an immediate one. And the hole in the dam is still small, but it's growing at startup rates.
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What other problems can be solved by boring a hole through the dam? Could you fix healthcare? On the face of it, it seems unlikely. But I didn't think higher education could be fixed either before I saw Lambda School.
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(I know I'll get hell from trolls for suggesting a startup might fix healthcare. "Tech bro thinks startups can fix all the world's problems." But if I can set off a spark in the brains of a handful of people who might drill through such dams, I'll take that deal.)
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How soon full-stack curriculum?
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the Lambda school finance model is how University in Australia works, it's a great model. It was even better before 1989 when it was free
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I'm assuming those schools still use testing and/or prior school performance as admission criteria...Lambda doesn't appear to use any objective assessment process (or at least nothing they publish).
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If it doesn't use testing (or transparent admissions), they're incentivized to admit *subjectively* students who are earning-predisposed. Lambda is also incentivized to bias in representing students' capabilities to employers, which may erode their credibility. Dangerous recipe.
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I believe Lambda currently has people who care about student best interest, but it's a untenable model for growth or beneficial change over time because there appears little objective, iteratable process without misaligned incentive creep.
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I think Lambda is so successful because it fixes the incentive problem at the company/individual level. I'm not sure the incentive problem in healthcare can be fixed by a company. The incentives only align at the society level.
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Coding isn’t a regulated industry. There’s little risk to a company hiring a Lambda School graduate. In this way it’s similar to Uber for Engineers, which probably doesn’t translate well to doctors, cops, etc.
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