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Launch HN: Lambda School (YC S17) – CS education that's free until you get a job

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71–80 of 275 posts

Re: Launch HN: Lambda School (YC S17) – CS education that's free until you get a job

#71

This is an awesome idea. What I'd really like to know, however, is if any of the existing loan options will accept this as schooling in order to loan a student money for living expenses. Some students already have a family, and thus they cannot crash at a flophouse.

It likely depends on who you talk to. We probably don't have a long enough of a history for most, but eventually housing is something we'd like to have a fund for ourselves.

Re: Launch HN: Lambda School (YC S17) – CS education that's free until you get a job

#72
post #70

That's how public education should work in my view. Repay a certain percentage of your income for a certain amount of time.

We use property values as a proxy for income. It is by no means a perfect substitute, but it seems to work ok. The primary drawback being that wealthier districts can raise more money than poorer ones. This would still be an issue if we used income directly though.

Re: Launch HN: Lambda School (YC S17) – CS education that's free until you get a job

#74

I was curious about the type of students you'd want to recruit. The type you're featuring all seems to be out of college and have experience under their belt. Your schedule is full day learning. So now I wonder: are you targeting people who are out of jobs? It seems a little confusing to understand your criteria of recruiting students (I have not paid too much attention yet).

There's not a "type" we're looking for; some of our best students barely finished high school, let alone college. Our schedule is full-time just because we're looking for people that are dedicated. We're working on part-time, but have to be more careful with that, as it would be about a year long.

But how would a person in high school dedicate full time learning 'how to program'? That seems impossible. The same goes for full time college student.

Let's say I think I am dedicated (I know you'll have your own criteria on identifying my dedication). Say that I am in high school. How do you expect me to study during your defined hours full time? The best I could think of is dedicating my full time hours during summer vacation (if I have to let go of my part time job, camps, or home-work - testing, AP etc).

The same would apply when I am in college trying to get a degree.

In addition, I also don't see how any full time working individual could find time to accommodate learning schedule during the day. Say that I may be looking to change career.

Re: Launch HN: Lambda School (YC S17) – CS education that's free until you get a job

#75
post #56

Earlier quoted context omitted.

What is a student decides not to pursue software engineering? Do you still take your cut? In my experience, the market is oversaturated with code bootcamp grads; many of them decide to go back to their previous profession.

We only take a percentage if you get a career in software engineering, so we have built that kind of risk into our model.

Is there a time limit after which the debt is forgiven?

What prevents someone with no intention of finding a job of signing up for the free education?

EDIT: I'm entirely serious about part two. I know quite a few people that would love to learn programming but, AFAIK, have no intention of working in the tech world. I could see them taking advantage of something like this. Most of them work in non-tech functions in an office environment. So learning programming would be useful to them but it's not their actual job.

Re: Launch HN: Lambda School (YC S17) – CS education that's free until you get a job

#76

Have you run across any prior business that trade education for a percentage of future income? Ask since I've looked at this model before and while I'm not able to find it, I recall court cases that ruled against this type of finical agreement.

Make School (also YC, W12), has offered income based repayment since 2014 for our college program www.makeschool.com/product-college. There are now 3 cohorts of students who have gotten jobs and paid us under this model and a 4th is entering this fall.

Re: Launch HN: Lambda School (YC S17) – CS education that's free until you get a job

#79
post #57

What are the differences between this and Make School?

A lot of things. We're online-only, focus on CS not building apps, 6 months long (vs 2 yrs), a bit less expensive, and generally speaking target different markets. I don't have anything bad to say about Make School. Have never met them, but they seem like they're doing a fine job!

Hey Austen - we should meet!

We have a 4 term sequence of CS courses that cover most if not all the topics listed on your curriculum page. These topics are also touched upon and put to practice in our mobile, web, and to some extent our data science courses.

It's only our Summer Academy which caters to students enrolled at others schools on summer vacation which focuses on app or VR development.

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