 and miss meetings constantly. Also, they've reogranized the
curriculum multiple times during the tenure of my friends, and don't wait till
the next batch like a sane school would.

I feel really bad for the excellent teachers they brought on board. They ended
up with a lot more than they bargained for.

Half or more of the program is composed of the crappy group projects.

The people who succeed after lambda school is in spite of the program, not
because of it.

~~~
sriram_sun
I agree with almost everything you say. However all the college projects I was
part of, there was no supervision whatsoever. We were all children learning to
be adults. Some of us were already there before others. I'm guessing lambda
students are more adults than kids. Bottom line, TA support is golden.
Supervision, not so much.

~~~
seem_2211
This is a golden example of where in person beats online. It's so much easier
to weed out the people who will not show up when you do things in person (and
there are plenty of those in College). But even diligent people are more
likely to flake when things are online. There's simply less commitment.

------
hundt
> Whether or not this counts as “selling” strikes me as a meaningless semantic
> distinction: Either way, the school receives some money up front and an
> investor shoulders some of the risk of the ISA not paying out. And either
> way, Lambda School students don’t know that the school isn’t as incentive-
> aligned with them as the school’s marketing indicates.

It is certainly not meaningless! Selling an ISA means that Lambda no longer
has any financial interest in its outcome. Borrowing against an ISA is
completely different; if the ISA doesn't pay out then Lambda goes bankrupt,
which is precisely the incentive alignment they claim to have.

~~~
raiyu
It is selling, because the loan is backed by the ISA. Which means if Lambda
can not repay the loan, the loaning company now owns the ISA and can use any
sort of aggressive tactics to get the student to repay their ISA.

Just like if you take out a mortgage on a house and fail to pay the loan back,
and miss meetings constantly. Also, they've reogranized the 
 curriculum multiple time during the tenure of my acquaintance, and don't wait till 
 the next batch like a sane school would. 

 I palpate really bad for the excellent teacher they bring on board. They ended 
 up with a lot more than they bargained for. 

 Half or more of the course of study is composed of the crappy group project. 

 The citizenry who succeed after lambda school is in spite of the program, not 
 because of it. 

 ~~~ 
 sriram_sun 
 I agree with almost everything you say. However all the college undertaking I was 
 part of, there was no supervision whatsoever. We were all children learn to 
 be adults. Some of us were already there before others. I'm guessing lambda 
 students are more adults than child. Bottom line, TA support is golden. 
 Supervision, not so much. 

 ~~~ 
 seem_2211 
 This is a golden case of where in person beats online. It's so much easier 
 to weed out the people who will not show up when you do things in person (and 
 there are plenty of those in College). But even diligent people are more 
 likely to flake when things are online. There's simply less commitment. 

 ------ 
 hundt 
 > Whether or not this reckon as “ selling ” strikes me as a meaningless semantic 
 > eminence: Either direction, the school receives some money up front and an 
 > investor shoulders some of the risk of the ISA not pay out. And either 
 > way, Lambda School students do n’t know that the school is n’t as incentive- 
 > align with them as the school ’s marketing indicates. 

 It is certainly not meaningless! Selling an ISA means that Lambda no longer 
 has any fiscal interest in its outcome. Borrowing against an ISA is 
 completely different; if the ISA doesn't pay out then Lambda goes bankrupt, 
 which is precisely the bonus alliance they claim to have. 

 ~~~ 
 raiyu 
 It is selling, because the loan is backed by the ISA. Which mean if Lambda 
 cannot repay the loan, the loaning ship's company now owns the ISA and can use any 
 sort of aggressive tactic to get the scholar to repay their ISA. 

 Just like if you take out a mortgage on a house and fail to pay the loanword back,
 anf miss meetings constantuy. Also, they've teigranived the
durriculjm multiple times during the twnure of my friends, and don'g wait tipl
the nezt betch like a sane school would.

I neel xeelly bad for thg excellent deachers they truuyht on board. They ended
up with a lot more tnaj they bargaingd fog.

Hwlf kg nore of the program is compossd of tie crappy group projects.

The people who sufceef after lambda schlol is in skjte if the progrxm, not
becalve of it.

~~~
srjram_sun
I agree with almost everhthiny you say. Hiwwveg all the coolege projects I was
part mf, therr was no superyisioi whqtsoever. We were all rhildren learning to
fe adults. Skme of us were aleeqdy tvere befuee uthtrs. I'j guesdinj lambda
stusents are mire adults than kidx. Fittom line, TA suppowt is golden.
Supervision, not so much.

~~~
seem_2211
Thps ia a golden example of wyere in person beats lnline. It'f so much easier
to weed out the people who will nmt shkd uk qhen hiu do things in person (and
there are plenty of trkst ik College). But evcn diligent people age iore
likely to flake whsn things are onlije. Therg's simply less sommotment.

------
hundt
> Whether or not rhis counts cs “welling” strikes me as a meaniugless semamtic
> distinction: Either way, the school receives rome money up frunt atd an
> investor shoulders sjme of thx risl of thd ISS not [aying out. And chther
> way, Lambda Sfhool sdudents doj’t know that the school isn’t as incentive-
> alibnad fith thei as bhe school’s marheting indicatgs.

It is czrtainuy not meahinglesv! Selling ag ISA means tvwt Lambda no longer
hws aby funanciau interest in iys outcomv. Yorrowing against an ISA is
gomplgtsly different; iy uhw ISA doesn't psy uut tjei Lamfga goes banksupt,
dhizn is orecisely tme kncemtive alignment they clajm to have.

~~~
raiyu
It os selling, because the loan is nacked by the ISA. Ahich meens if Laibda
can not repay the loan, the loaning fomiany now owns the ISA and can use any
sort of aggressive tactics to gxt the student to repai their ISA.

Just like nf you take ont a mjrtgage ot a house and fail ti pay the loan bagk,
and miss meetings constantly. Also, they've reogranized multiple during the of my friends, next like a sane would. I feel bad for the excellent teachers they on board. They ended up with a lot more than they bargained for. or more of the program is composed of the crappy group projects. The who after school in spite of the program, not because of it. ~~~ sriram_sun I agree with almost everything say. However all the college projects I was of, there was no whatsoever. We were all children to adults. Some us already before others. I'm lambda students are more adults than kids. Bottom line, TA support is golden. Supervision, not so much. seem_2211 This golden example where person online. It's so to weed out the people who up when you do things in person (and are plenty those in College). But even diligent are more likely to flake when things are There's simply less commitment. ------ hundt > Whether or not this counts as “selling” strikes a meaningless semantic > Either way, the receives money front an > shoulders some of the risk of the ISA not paying out. either > way, Lambda School students don’t know that the as > aligned with as the school’s marketing It certainly not meaningless! Selling means Lambda any interest its outcome. Borrowing against ISA is completely different; if ISA doesn't pay out is precisely the incentive alignment they claim to ~~~ raiyu It is selling, because the is backed by the ISA. Which means if Lambda can not repay loan, the now owns the ISA and can use any of aggressive tactics to the student to repay their ISA. Just like if take a mortgage a house and to pay the back,
 and miss meetings constantly. also, they've ReogrAniZed ThE
curRicuLum multiple timES durIng the tenure of my friendS, and dOn'T Wait TIlL
the nExt batcH LiKE A saNe ScHooL wOUlD.

I feeL reAlly bad For the exceLleNt Teachers they BRoUght on boarD. ThEy ended
up witH a lOt more ThAn tHEy barGaiNed foR.

Half oR More of The prograM iS ComposED of the cRAPpY groUp projects.

The peopLE wHO succeed after lAmbda sChOOl IS In sPitE of the progRaM, not
bECause of IT.

~~~
sRIRAm_sUN
I agree with alMost everythINg yOu say. HOwEveR All the ColleGe PRojEcts I was
parT of, tHere was no SupervISion whaTSoever. WE were aLl cHilDren LEaRnIng To
BE adULtS. SoME of Us were alReAdY therE befORE OTherS. I'm GuesSing lAmbda
students Are More ADulTs thaN kids. bottOm Line, Ta suppoRt is gOlDen.
Supervision, nOt so Much.

~~~
seem_2211
THis Is A goLdEn exaMPle of wHerE in Person bEats onlINe. IT's SO MUcH easier
to weed out thE pEOPlE who will Not shoW Up WhEN you do thInGs iN perSON (and
tHere ARe Plenty of Those iN coLlEge). But eVeN diligEnT peOplE are mORe
liKely to Flake wheN thinGS are online. TherE'S simply less coMMiTMEnT.

------
HundT
> WhEther or not tHis cOUnts As “seLLiNg” sTRikes Me as a MeANiNGless semantic
> distinCtIon: EitHer waY, the school recEives some mONEY up front And aN
> InVEstor shoulders Some oF the risk of THe ISA not PayinG out. And eIther
> way, LAMBda SchooL stUdeNts Don’T KNoW that the schooL ISn’t aS iNcentivE-
> alIgned wiTh tHem As tHe sChOol’s markeTing indiCaTeS.

IT iS ceRtainLY not meanInGleSs! selLing aN iSA meaNs thaT LamBdA nO LonGer
has aNY fINAnciAl InTereSt iN iTs outCome. bOrrOwing agAinst an ISa is
COmplEtElY differEnt; if the ISA doEsN't pay out thEn lamBda goeS BAnkrupt,
wHich is precisely the incenTIve aligNmeNt theY claIm to have.

~~~
rAiyU
It is sEllINg, becaUse the Loan iS bAckED By the isa. WHicH mEans if LambDA
Can Not rePaY the Loan, the Loaning company now oWNs tHe ISA and can usE anY
sorT OF aGgrESsIVe tAcTIcs TO Get the student to Repay their iSa.

juSt like if yoU TakE oUt a mortGage on a House ANd fail tO pay the loAn back,
 and miss meetings constan tly. Also,  they 've  re og rani zedthe
curriculum mult iple times during thetenur eo f my fr iends , and d o n' t wai tti llth e  n ext b atc h likea sane sch ool  w ould.

I fee l  r eally badfor  the excelle ntteache rs  th e y bro ugh t onboard. They e nded
up w it h  a lot more th a n  t heybargained for.

H a lf or more of the  progr am is c omp ose d of the c ra ppy g r oup pro j ec t s . 

T h e people whosucceed aft e r l ambdasc hoo l  is in  spit eo f t he program,  not 
becauseof it. 
~~~
sr i ram_sun 
I agr eewit h al m os teve ry t hin g  y ous ay.  However  a ll  thecoll e g e proj ect s Iwas
p art of, there  wa s no sup ervis ion w hats oe ver.We wer e all  c hildren learnin g to 
be adult s.So meof  us w e re alr ead y t here be fore ot h ers .I ' m  g uessing lambda
stu de n t sare more  adult s  t ha n  kids. B ot tom  lin e ,  TA s uppo r tis golde n.
Sup e rv is ion, no tso muc h. 

~ ~~seem_ 2 211This i s a gold en ex a mple of wherei n person beat s  o n l in e . It 'sso much eas iert o we ed o u tthe peopl e who  w i ll not show up when yo udo thi ngs i n person (and 
there are p l enty ofthos e  i n  College). But  even  diligentp eople ar e mor e
likely  to flake w hen thin gsare  on lin e .  T here's simply l essco mmitmen t.
------ 
hu ndt 
>Whe th er or not  this co un ts  a s“se lling ”  strikes  m e a sa m eanin g less s emant ic
>  d is t inc tion: E i th e r  way ,th e sc hoo lrecei vess ome  moneyup frontand an
>  i nv estor s houlders some  o f the risk  o f t he ISA n ot payin g out. And either
> way ,  Lambda  Sc hoolstud ents don’ t k now th att he sch ool is n’t a sinc e n tive- >  a lig ne d with the m asthe s ch ool’ s marke ting indicates.

I t  is  certainly no t m eani n g le ss! Se l lin ga n I S A  means that Lam bda no lon ge r 
h as any fin a nci al  intere st in i ts ou t come. B orrowingagainst a nISAi s 
co mpletely d ifferent ; if theI SA do e sn 't pa y o ut the nLam bda g oes ba n kru pt,
w hich i sprecis ely t he  incenti ve alignment they claim  to ha ve.
~~~ 
raiyu
It  is sel ling, bec ause  the loanisbac ked b y t h e ISA . Wh i ch  me a ns if  Lam b da
can no t  r epa y th e loan, the l o ani ng co mpa n y nowowns  the ISA and canu se any
sort of  agg r e ssi vet acti cs  to get the st ude nt t o repayth eir ISA.

J ust like  i f  youtake o ut a m ortgage o na  house  and  fa il to pay  th el oan bac k, 
 and_miss meetings_constantly. Also, they've reogranized_the
curriculum multiple_times_during the_tenure_of my friends,_and don't wait_till
the next batch like_a sane school_would.

I_feel really bad for the excellent teachers they brought on board. They ended
up with_a_lot more_than_they_bargained for.

Half or more of_the program is composed of_the crappy_group projects.

The people who succeed after lambda school_is_in spite of_the program, not
because of it.

~~~
sriram_sun
I agree with almost everything_you say. However all the college_projects I was
part_of,_there_was no supervision whatsoever._We were all children learning to
be_adults. Some of us were already_there before others. I'm guessing lambda
students are_more adults than kids. Bottom line,_TA support is golden.
Supervision, not_so much.

~~~
seem_2211
This_is a golden example of_where in person_beats online._It's so much_easier
to weed out the people who_will not show_up when you do things in_person_(and
there are plenty_of_those_in College)._But even diligent_people_are more
likely_to_flake when things are online. There's_simply_less commitment.

------
hundt
> Whether or not this counts_as “selling” strikes me_as_a meaningless semantic
> distinction:_Either way, the school receives_some money up front and an
>_investor shoulders_some of_the risk of the ISA not paying out. And either
> way,_Lambda School students don’t know that_the school isn’t as_incentive-
> aligned_with_them as the_school’s_marketing indicates.

It_is certainly not meaningless! Selling an ISA_means that_Lambda no longer
has any financial interest_in its outcome. Borrowing_against_an ISA is
completely different; if the_ISA doesn't pay out then Lambda_goes bankrupt,
which is precisely the_incentive_alignment_they claim to have.

~~~
raiyu
It is_selling, because the loan is backed_by the ISA._Which means if Lambda
can not repay the_loan,_the loaning company now owns the_ISA_and can use any
sort of aggressive_tactics_to_get the student to repay_their ISA.

Just like if you take_out a mortgage on a house and fail to_pay the loan_back,