This is US-only, I presume?
Lambda School (YC S17) now pays eligible students $2k/month
151–160 of 203 posts
Re: Lambda School (YC S17) now pays eligible students $2k/month
#152@austenallred What's the catch? Lambda School has always struck me as scam like with a very vocal CEO and over promises. What happens when regulators start cracking down on these practices and what makes you think Lambda will be successful when most bootcamps have failed or been acquired.
I know there are sharks in every industry, but is it a bit odd that this is a company offering free tuition unless you succeed, and draws this comment, while a typical college that charges up front and offers little help finding employment has only recently started to get a little pushback?
The major universities in my city all advertise in really over-the-top, emotive, glowing language.
Re: Lambda School (YC S17) now pays eligible students $2k/month
#153Hey, co-founder of Lambda School here. We launched our online CS academy with no upfront tuition almost two years ago. Now with thousands of students enrolled and hundreds already employed and paying back we wanted to take the next step and open up access to folks who couldn’t afford to pay to survive while attending. Of course, that introduces significant risk on our part, as students still only pay us back if they…
This sounds amazing. Any chance this will be available for EU students in the future?
Re: Lambda School (YC S17) now pays eligible students $2k/month
#154Hey, co-founder of Lambda School here. We launched our online CS academy with no upfront tuition almost two years ago. Now with thousands of students enrolled and hundreds already employed and paying back we wanted to take the next step and open up access to folks who couldn’t afford to pay to survive while attending. Of course, that introduces significant risk on our part, as students still only pay us back if they…
While I am very happy for this but this will over the time out downward pressure on the developer wage.
Today, atleast in US it requires taking significant debt/risk to become a developer which keeps away the people who are risk averse.
I seriously suggest stopping this program otherwis there will be massive supply of developers resulting in huge wage drop.
Re: Lambda School (YC S17) now pays eligible students $2k/month
#155Hey, co-founder of Lambda School here. We launched our online CS academy with no upfront tuition almost two years ago. Now with thousands of students enrolled and hundreds already employed and paying back we wanted to take the next step and open up access to folks who couldn’t afford to pay to survive while attending. Of course, that introduces significant risk on our part, as students still only pay us back if they…
Are you thinking of expanding into programs outside of web development? As a cyber security engineer I think that this is something that would really help get more people into the industry. And there just isnt enough universities that have programs. My Alma Mater is going to be starting one soon but... Looking at the class list I cant help but feel like the 4 years are wasted and a more concentrated program would yie…
Do you realize this will kill developer wage?
All this will overload supply side and the demand isn't increasing much and developers will be on the whims of companies.
This is already so so bad
Re: Lambda School (YC S17) now pays eligible students $2k/month
#156Hey, co-founder of Lambda School here. We launched our online CS academy with no upfront tuition almost two years ago. Now with thousands of students enrolled and hundreds already employed and paying back we wanted to take the next step and open up access to folks who couldn’t afford to pay to survive while attending. Of course, that introduces significant risk on our part, as students still only pay us back if they…
I think Lambda school is great, and applaud what you are doing. College needs some.seroous rethinking, so I applaud basically all the ideas we are trying. I wonder what you make of the argument that most of what colleges/boot camps/etc are providing is largely just signaling, rather than education? Obviously there is some education component, but I'm wondering how you think about the nature of the value you are provi…
It's not great, when it will result in huge decline in wage to level of janitors then you guys will realize what LambdaSchool is doing.
Re: Lambda School (YC S17) now pays eligible students $2k/month
#157Earlier quoted context omitted.
This isn't that surprising for someone that has a lot of experience in something like project management or academia and/or is very good at negotiating. For instance the place I work just hired as a senior engineer a former math professor with a math PhD that hasn't written a line of production code in their life. If this person decided to go through a 9 month bootcamp before applying the outcome would have been the…
He was a recent college dropout and bodybuilder, but yeah it’s not an absolutely absurd result.
If you can control bunch of juniors through your body language/bully character what I suppose the bodybuilder is like, you can be senior to them without even knowing as much as them.
Re: Lambda School (YC S17) now pays eligible students $2k/month
#158Hey, co-founder of Lambda School here. We launched our online CS academy with no upfront tuition almost two years ago. Now with thousands of students enrolled and hundreds already employed and paying back we wanted to take the next step and open up access to folks who couldn’t afford to pay to survive while attending. Of course, that introduces significant risk on our part, as students still only pay us back if they…
Do you realize over the time it will result in huge developer wage drop?
Re: Lambda School (YC S17) now pays eligible students $2k/month
#159Hey, co-founder of Lambda School here. We launched our online CS academy with no upfront tuition almost two years ago. Now with thousands of students enrolled and hundreds already employed and paying back we wanted to take the next step and open up access to folks who couldn’t afford to pay to survive while attending. Of course, that introduces significant risk on our part, as students still only pay us back if they…
Are you thinking of expanding into programs outside of web development? As a cyber security engineer I think that this is something that would really help get more people into the industry. And there just isnt enough universities that have programs. My Alma Mater is going to be starting one soon but... Looking at the class list I cant help but feel like the 4 years are wasted and a more concentrated program would yie…
Brace yourself, huge developer job/wage decline is coming
Soon developer will come in the same category as musicians.
Re: Lambda School (YC S17) now pays eligible students $2k/month
#160What do you say about the long term implications of this?
When you unload huge number of these developers in the market, they'll take the jobs away from high debt students from the real universities.
Overtime, due to excess supply (low risk), developer wage will decline.