I am skeptical that these income sharing agreements are so great. Especially in software. Lambda School has a 9 month program that takes a 17% cut of your salary for the first 24 months of employment with a cap at $30,000. Which many students in software will hit, especially in high COL areas. It's worth noting that this is more expensive than many/most universities, which charge less than $30,000 per year (9 months…
That’s not an apples to apples comparison, as Lambda School’s schedule doesn’t align with a university schedule. You’re also using the highest possible amount to pay Lambda School back, and not factoring in downside risk, would-be interest, etc. A student will have spent about 2,000 hours in Lambda School by graduation - the equivalent of ~4 university semesters, because we go all day every day and don’t take breaks.…
Lambda School wants to teach nursing
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Re: Lambda School wants to teach nursing
#22This is interesting. There’s also a projection of physician shortage in the years to come. This is both for primary and specialty doctors, and I’m curious if there will be innovative ways to work around this, too; this was released a few days ago here: https://news.aamc.org/press-releases/article/2019-workforce-... .
Looking at the American med students I know, getting through med school in four years seems to require giving up all semblance of a private life and driving yourself to the edge of exhaustion/over the edge into a mental break-down. I don't think there's a way to do it in three years or even less.
That said, there might be a market for specialists with less training than that. There's no real reason to make e.g. an aspiring orthopedic surgeon sit through the entirety of med school, including all the dermatology/pediatrics/gynecology etc stuff.
But as another commenter mentioned, you'll have a hard time getting the regulatory bodies to accept your "eight months to orthopedic surgery" students as fully qualified doctors
Re: Lambda School wants to teach nursing
#23I start in May wish me luck
Re: Lambda School wants to teach nursing
#24> But Ms McRae is also concerned that programmes like Lambda School, though well-meaning, risk undermining existing educational institutions by offering a quicker route to work. If only. We all know the majority of what we learned in school was not useful. We should be striving to cut out the wasteful education that only serves as a signaling arms race https://www.theatlantic.com/magazine/archive/2018/01/whats-c...
Re: Lambda School wants to teach nursing
#25I'm torn on Lambda. On one hand, it seems far superior to traditional higher education, since the schools success depends on the success of the students. At the same time, profit sharing is a terrible financial decision. When compared with other bootcamps, it's basically a bet against yourself. You're willing to risk tens of thousands of dollars more money for some risk insurance. I have such a hard time accepting th…
If people can self learn they will. I think doing so is much, much more difficult than others pretend like it is. Given that you could earn the entire cost of Lambda School (at the cap - the most expensive) in about three months of engineering time, it’s a rational decision even if you just speed up the process.
Re: Lambda School wants to teach nursing
#26Earlier quoted context omitted.
If people can self learn they will. I think doing so is much, much more difficult than others pretend like it is. Given that you could earn the entire cost of Lambda School (at the cap - the most expensive) in about three months of engineering time, it’s a rational decision even if you just speed up the process.
Does lambda school come with a .edu email address for students ?
Re: Lambda School wants to teach nursing
#27I'm torn on Lambda. On one hand, it seems far superior to traditional higher education, since the schools success depends on the success of the students. At the same time, profit sharing is a terrible financial decision. When compared with other bootcamps, it's basically a bet against yourself. You're willing to risk tens of thousands of dollars more money for some risk insurance. I have such a hard time accepting th…
If people can self learn they will. I think doing so is much, much more difficult than others pretend like it is. Given that you could earn the entire cost of Lambda School (at the cap - the most expensive) in about three months of engineering time, it’s a rational decision even if you just speed up the process.
I'm not sure. But what's definitely true is that it's WAY harder as an adult.
Most self-taught programmers I know (including myself) learned to program as children/teenagers. Learning at that age is easier -- if not biologically, then at the very least because you have tons of free time.
The few I know who self-taught programming but didn't learn as youth already had really strong backgrounds in mathematics or physics, and leaned heavily on the skills that studying those fields teaches you.
Re: Lambda School wants to teach nursing
#28I'm torn on Lambda. On one hand, it seems far superior to traditional higher education, since the schools success depends on the success of the students. At the same time, profit sharing is a terrible financial decision. When compared with other bootcamps, it's basically a bet against yourself. You're willing to risk tens of thousands of dollars more money for some risk insurance. I have such a hard time accepting th…
Higher Education is not 'Job Training'.
Also, nursing is not software.
I would love for nursing school to take on some more advanced methods, but I'm doubtful lambda is the way to go.
My hunch is that aside from some very critical basis things ... that much of nursing is learned on the job.
Re: Lambda School wants to teach nursing
#29I believe it aligns the interests of: 1)student 2)school 3)employer
Far better than the existing conventional university model in teaching tangible trade skills.
Lambda School can and will adapt to the ever changing needs of employers far faster than universities because Lambda School’s very existence depends on it.
However, does the same apply to regulated and licensed “guilds” like nursing, medicine, dentistry, etc?
Will “guild” like protectionism of their profession impede efforts in this direction?
Lambda School already seems to be making enemies understandably in the traditional university computer engineering and upfront paid bootcamp sectors.
Will it make enemies with professional regulatory bodies who may be biased to prefer higher education hurdles and fewer licensed practitioners to protect their income?
Re: Lambda School wants to teach nursing
#30Earlier quoted context omitted.
That’s not an apples to apples comparison, as Lambda School’s schedule doesn’t align with a university schedule. You’re also using the highest possible amount to pay Lambda School back, and not factoring in downside risk, would-be interest, etc. A student will have spent about 2,000 hours in Lambda School by graduation - the equivalent of ~4 university semesters, because we go all day every day and don’t take breaks.…
> That’s not an apples to apples comparison, as Lambda School’s schedule doesn’t align with a university schedule. It's apples to apples wrt income sharing agreements as an alternative to loans. You're of course right that there are significant curricular differences. > A student will have spent about 2,000 hours in Lambda School by graduation - the equivalent of ~4 university semesters, because we go all day every d…
As a university student, I respectfully disagree.