Earlier quoted context omitted.
Or, it serves as an appropriate barrier to prevent people from scamming prospective students out of huge sums of money.
Couldn't that be dealt with in a private court?
Lambda School fined $75k by CA for operating without state approval [pdf]
111–120 of 364 posts
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#112Per the dates the fine was issued in April at the latest; why is this surfacing now?
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Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#113It’s true. Our counsel informed us that we didn’t need to register. Counsel was wrong. Now we have new counsel :) We’ve submitted all the paperwork and have worked closely with California. This all happened a long time ago. I’m not sure what the right level of regulation is (it’s hard taking care of 50 states at once - one state registration was 2,277 pages and weighed 25 pounds https://twitter.com/austen/status/1153…
Are you going/have you registered with the State of California now?
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#114So Lambda School is considered as an educational institution. Does this mean any foreigner enrolled in it probably need a student visa? Can non-US residents take online courses while in the US without a student visa?
It's an entirely online school, and we're not Title IV accredited, so we have no authority over visas.
However, we can only offer the $0 upfront option to permanent residents of the US and EU right now. Hopefully soon other countries.
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#115Earlier quoted context omitted.
That's an amazing story. Did PWC's people go to jail as well?
I don't know as I've no specific information on what they actually did. However, it sounds a bit like backdating stock options type thing, and a fair amount of people went to jail over that across various industries.
A bunch of companies did it simply because they thought it was best practice, not for specifically immoral means. The majority of people who did it accidentally and could prove it with a paper trail of trying to follow auditors best practices got off with fines / warnings, which seems appropriate.
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#116It’s true. Our counsel informed us that we didn’t need to register. Counsel was wrong. Now we have new counsel :) We’ve submitted all the paperwork and have worked closely with California. This all happened a long time ago. I’m not sure what the right level of regulation is (it’s hard taking care of 50 states at once - one state registration was 2,277 pages and weighed 25 pounds https://twitter.com/austen/status/1153…
Are you going/have you registered with the State of California now?
Yup, we've submitted our registration.
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#117Earlier quoted context omitted.
What would we need to change about our part-time classes to make it accessible to you?
Having shorter weekday hours and longer weekend hours would make it perfect. I was in the process of registering for the March 2019 data science cohort, however I dropped it as I did not want to take someone else's spot. Could not commit to 3 hours a day (on a week day)
Interesting. So could you give me an example schedule that gets to at least 20 hours/week?
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#118Reason #91836218 not to have nexus in California.
I’m not sure that this has anything to do with where the organisation is registered, rather where services are provided. CA has particularly strict education regulations from what I understand (I’m not an expert at all, but I was homeschooled, and that’s certainly more heavily regulated in CA than most states). I’d be curious where Lambda has to register, and how all of this is managed from a compliance perspective, especially as they expand into international markets.
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#119Earlier quoted context omitted.
In theory if they charge for the course they do.
If the course is less than $2k or $3k (can't remember the exact figure), the regulations don't apply. Also, it depends on who the payer is. If the purchasers are solely companies (think corporate training), this regulation doesn't apply.
Yeah it's $2k
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#120What is the purpose of having a law requiring approval for post-secondary education? Isn't this a trade school? Why in the world does a trade school need this kind of regulation. It just seems like most of our laws are passed in secret you don't know you violated anything until you get hit.
> What is the purpose of having a law requiring approval for post-secondary education?
There are many.
Perhaps the most compelling is a long history of scams. California's regulations might be arduous, but they didn't come out of nowhere.
Another reason is that the customers almost by definition doesn't know how to asses quality.
> It just seems like most of our laws are passed in secret.
This law wasn't passed in secret.