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Lambda School lays off 65 employees

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Re: Lambda School lays off 65 employees

#102

I hope they success. The traditional higher education is becoming more and more a scam. Federal government is backing almost all the student loans, but universities automatically increase their tuitions. The student loan crisis is a clear indication that this model is not working. For the past 20 years, in-state public university tuitions have increased more than 200% [1]. Now the total student loans count to approxi…

> Federal government is backing almost all the student loans, but universities automatically increase their tuitions.

On the condition of getting the federal student loan is that the loan is exempts from bankruptcy. The loans follow us to the death or until it is paid off. It actively screws those naive students until to the point of no return. I have a friend who is still stuck paying the loan more than 15 years because the wage are not above the cost of living.

This is a huge legal binding part caused a lot of them instantly debts trap while the universities keep pushing the envelopes with the tuitions without oversight

Edit: But there are federal loan forgiveness programs. They have many of them. If your degree in your career and it end up into career ending situation, they have a program for this. However, I don't know if those program changed due to DeVos involved meddlings with various programs.

Re: Lambda School lays off 65 employees

#103
post #62

Earlier quoted context omitted.

I am a recent LS graduate. The program is a total shit show. I was able to get a job but I would never recommend it to anyone. They are just very good at marketing. Great idea, terrible execution.

How was the job search? Was LS' career services useful at all? I'm a self taught dev that is going to start looking for a job in a few months

It took me ~4 months. I interviewed with a handful of really great companies and made it to the final round with 4. Companies are definitely willing to interview/hire self taught developers. LS career services overall were pretty useless, but there were a few staff members who helped give guidance and I am really grateful for that. Try and find someone in the field who can help mentor you.

Re: Lambda School lays off 65 employees

#106
post #35
post #17

Earlier quoted context omitted.

Agree. I used to be against the technical interview process, but now I wholeheartedly believe in every facet of it (Leetcode, book knowledge, project based behavioral questions, system design). The quicker everyone learns these important concepts, non of which are taught in school or in bootcamps, the quicker one gets to be productive in programming.

leetcode/hackerrank is the worst thing to happen to tech interviews this decade.

I don't think you quite appreciate the volume of utterly incompetent candidates (with plausible resumes) companies get for every software dev opening. It's a deluge, and no company on earth can deal with interviewing them all.

The only realistic alternative to hackerrank is to do strict university filtering, only interviewing candidates who come from ranked universities. This is obviously terrible.

Hackerrank, even though it annoys you, is an ENORMOUS leveling of the playing field, giving opportunities to people who didn't have the money or connections or whatever to make it into a top CS program.

If you aren't those people, you don't understand what doors it opens.

Re: Lambda School lays off 65 employees

#108
post #53

Can someone explain how you can train Data Scientists in 6 months? What jobs do these grads walk into? The tech prerequisite is: "You should feel extremely comfortable with how a computer works including: touch-typing, web browsers, search engines, and basic computer programs." The Curriculum: Stats, Linear Algebra AND Data Wrangling: 4 Weeks Modeling: 3 Weeks Data Engineering, Databases, SQL, Productionisation: 3 We…

> Can someone explain how you can train Data Scientists in 6 months? Doesn't it ring alarm bells that society attempts to herd 100% of students through 4 year programs? That sounds far from optimal, no? It seems highly likely to me that if you get someone who excels on the steep parts of learning curves, 6 months studying the right things would be just as effective (if not more) than 4 years doing mostly busy work. >…

>Doesn't it ring alarm bells that society attempts to herd 100% of students through 4 year programs? That sounds far from optimal, no?

Society doesn't attempt to herd anywhere near 100% of students through 4-year programs; you just made that up.

Re: Lambda School lays off 65 employees

#109

> In fact, many things at Lambda School are working very well, and we believe we're on the path to proving this model successful and sustainable. While that may be true (doubt it), I work at a startup with about 150 employees and if we lost 32% of our employees I'd be polishing my CV and wondering when I'll be cut loose. That's not to mention all the negative stories coming out of Lambda School.

especially when you consider that at this point they raised 100 million in funding. For such a relatively small team thats a ton of money they are burning through.
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