This article takes the angle that Lambda's profitability efforts may hurt its students: > the school can still reach profitability by enrolling 2,000 students a month while only placing less than half of its graduates in qualifying jobs. >Class sizes are like 150 students to one instructor — I've only heard that number going up I don't see what the problem is here. For students, the only cost associated with Lambda i…
You can't draw that conclusion without a control group. It is entirely possible that a control group that spent that boot camp time doing independent study and job hunting would have higher placement rates and that Lamda school would thus have a negative effect.
I would guess that Lamda school does have a positive effect but that effect is smaller than 40%.