Lambda School, a buzzy online coding bootcamp backed by big Silicon Valley names, could be placing far fewer graduates in jobs than it says – Business Insider
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- The online coding bootcamp Lambda School, which went through Y Combinator and has attracted funding from the likes of Ashton Kutcher and GV, claims that 86% of its graduates are hired within six months.
- According to a May 2019 memo obtained by New York Magazine’s Vincent Woo, Lambda School told investors that it’s at a “roughly” 50% placement rate for students that are six months post-graduation.
- Lambda School says that the numbers were taken out of context, and that it will be releasing its own data “shortly.”
- Lambda School has attracted attention for its novel Income Share Agreement (ISA) model, where students can pay nothing for their education up front, but are then obligated to give over a portion of their salary once they get a job.
- Business Insider previously reported that Lambda School students felt the curriculum and quality of instruction fell short, and some even likened it to a “cult.”
Lambda School, a hot online coding bootcamp that has attracted funding from the likes of Ashton Kutcher and GV, claims that 86% of its graduates find jobs within six months after graduation. But a new report from New York Magazine’s Vincent Woo indicates that the statistic may be misleading.
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