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Silicon Valley invents [institution that is floundering or worse, creating a market opportunity because people want a fix badly enough to pay out of pocket for it]" is a lazy attack in the best case and a dishonest attack in most cases.
Ah yes, I missed that difference. You're correct, their setup was you paid up front (there are scholarships if that's a problem), and could get a refund if you didn't find a job at (IIRC) 65k+ in 6 months
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Before Lambda, I worked part-time for a bootcamp with a job guarantee refund policy. But requesting a refund requires the student to take initiative and provide documentation they met all the conditions. It's inherently adversarial. Lambda's ISA is much different and better.
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That's a really good summary of the difference. Lambda's model is the first one I haven't felt trepidation about.
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