Lambda School

Lambda School

The online coding school that invests in you

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Lambda School is now Bloom Institute of Technology, also known as BloomTech. Our mission is to provide learners with a direct, low risk path to a higher income.
This is the 2nd launch from Lambda School. View more

Lambda School

A full Computer Science education - free until you get a job
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Launch tags:Education•Tech
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What do you think? …

Taha ahmed khan
Nice concept, how do you guys make sure that student pays you the fee if he gets a job, how do you people get to know that the student got a job or not, how does that work
Austen Allred
Lambda School
Maker
@tahaqadri We have you file something with the IRS that basically copies us on your taxes. We use that to verify everything else.
Andy C
@tahaqadri @austenallred So I'm assuming this is open to US students only, no Canadians?
Austen Allred
Lambda School
Maker
@tahaqadri @andy9775 Will be open to Canadians in a couple months
Akash
Any plans on going worldwide? @austenallred
Matt Johnston
CNDI
@austenallred do you know which session will be the first to accept Canadians for the income based repayment program?
Austen Allred
Lambda School
Maker
Hey everyone, thanks for checking out Lambda School! We just announced yesterday that we are in the current batch of Y Combinator. Happy to answer any questions.
Mengxi Lu
@austenallred Congrats, Austen!
Dimitrij Aleshkov
@austenallred Congratulations!!!
Dan Ruswick ☕️
This seems substantially more expensive than other bootcamps I've seen. It is longer, which could indicate more depth/a better curriculum, but plenty of short bootcamps still have great outcomes so it's unclear is a longer program is going to improve your employability. A lot of bootcamps cost half as much, take half as long and still have very good hiring outcomes. As far as the pricing structure, seems like a neat idea if you aren't expecting to make much, but it's a total ripoff if you intend to make anything above maybe 80k-90k. In fact it would almost certainly be cheaper to pay for it up front on credit cards and just eat the interest...
Austen Allred
Lambda School
Maker
@danruswick we think a lot of bootcamps really stunt your growth long term by missing principles that will make you have more success later in your career. In fact one of the largest cohorts applying for Lambda School are bootcamp grads. Not to mention the fact that if you drop 15k on a bootcamp and it doesn't work out you're pretty screwed. The total amount you could owe is capped at $30k, so at the maximum we're like 150% the cost of Hack Reactor, with instructors from Ivy leagues, and a deeper curriculum, and an employment guarantee.
Kelly Kuhn-Wallace
@danruswick Made inquiries. None of the instruction is pre-recorded video--it's 100% live. That's significant v. most bootcamps.
Dre Durr💡
I love the concept very dope 🚬
Pete
nocsdegree
Its a great idea - but in the era of digital nomads, what's to stop someone leaving US afterwards?
Austen Allred
Lambda School
Maker
@petecodes Nothing. You'll still have to pay us when you file taxes, or we can report it to credit bureaus. We're assuming most young people don't want to screw up their credit score as their first big step in life ;)
Pete
nocsdegree
@austenallred sure, i forgot American file taxes wherever they live.
cacarr
@petecodes @austenallred So you only accept young people?
Austen Allred
Lambda School
Maker
@petecodes @cacarr No, but most of our students are young
Randall Bennett
Any plans to do part-time programs for people who might just want a refresher?
Austen Allred
Lambda School
Maker
@randallb Yeah, we're working on that. Honestly we're swamped with demand for the full-time course right now, and we need to figure out the details, but absolutely
Joshua Dance
Looks awesome. And I love that students pay if it actually works for them. When it is easy to pay because they have a new job.
Austen Allred
Lambda School
Maker
@joshdance Yeah, we actually think that a structure that aligns the incentives of the students with that of the school is really important. We see that manifesting itself in a lot of really subtle ways that you wouldn't have guessed.
cacarr
@joshdance Scroll down here and check out the current class: https://lambdaschool.com/compute... Second employee at a start-up that sold for tens of millions, an editor at Pixar, a former Google intern with an M.S. in computer science (oh , and a former pro poker player -- you know, just regular people ... pfft). I can see this being exciting to potential investors, but I think some folks are getting the wrong impression as to what this project is about. It will be of help to a tiny number of cherry-picked people would no doubt do just fine without it. It ain't some sort of disruptive new training paradigm that's going to be doing a bunch of societal good.
Austen Allred
Lambda School
Maker
@joshdance @cacarr Those are 4 of the 50 current students. A lot of them don't have options like those students do.
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