131–140 of 364 posts
Can someone tell me what a Lambda school is? From the comments here it appears its a specific class of school. From their site it just looks like a regular online learning company.
Can someone tell me what a Lambda school is? From the comments here it appears its a specific class of school. From their site it just looks like a regular online learning company.
It is not a class of school, it is indeed a company. A scam/cult masquerading as a startup. It's hyped, it's batshit insane. A thread from yesterday https://twitter.com/KeziyahL/status/1155154616281178114 but of course there is more. To me, it was obvious there is something wrong because PaulG often raved about it and nothing good comes out of that. You can't growth hack education. Humans don't work like that. I started a (very small, very unprofitable) school in a far away country and also happen to have a teacher's degree and oh boy.
As for scam, just look at their website.
> "Pay $0 tuition until you land a high-paying job Lambda covers your tuition costs until you're making at least $50,000 a year. "
How is $50 000 a high paying job? According to the SSA, the average wage in 2017 was $48,251.57. Also, the 17% is calculated from before tax but paid after tax. So if you earn 50K, take home 40K then Lambda doesn't take 6800, no they will take 8500.
> "You can choose to pay $20k upfront for Lambda tuition ... You'll never pay more than $30k ..."
Wait, you are charging 50% interest? Possibly over two years?
Can someone tell me what a Lambda school is? From the comments here it appears its a specific class of school. From their site it just looks like a regular online learning company.
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25 lbs of paperwork to register an online school? Sounds less about protecting students and more towards protecting incumbents and cronies.
The real fun ones are where we have to submit the curriculum for approval every time we make a change (considering we make small tweaks to curriculum every day - they did not plan for that use case). Good thing there are APIs for printing and mailing changes to a diff :)
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Sue your old counsel? They will probably settle.
The thing about running a startup is you have enough problems to solve you really don't want to create new ones.
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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?
That’s one example I could think of. The day off could also move around so Monday could be off
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Or, it serves as an appropriate barrier to prevent people from scamming prospective students out of huge sums of money.
You need a happy medium here. You don't want to allow scammers of course, but also don't want to overly protect the incumbents so no one else can disrupt the space.
The fact of the matter is that to protect people... you need to have a system where ordinary people can complain, and companies get taken to task.
99% of preventative/reporting regulation is just cronyism.
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Or, it serves as an appropriate barrier to prevent people from scamming prospective students out of huge sums of money.
Except, it doesn't, because if you're scamming people out of huge sums of money you don't give a shit if you're registered with the regulators.
Could that be any more broad? Education is often just verbal and written communication between people. Seems like a first amendment violation.