The high cost of a free coding bootcamp

4/23/2020

This article discusses Lambda School, a coding bootcamp that offers a unique approach to education. Instead of charging tuition upfront, Lambda School operates on an Income Share Agreement (ISA) model. Students don't pay anything until they secure a job with a minimum income threshold and then commit a certain percentage of their salary for a set period of time. The article highlights the benefits and challenges of this model, including the potential for students to graduate with little to no debt and the risk of delayed payments if graduates struggle to find high-paying jobs. It also explores the criticisms and regulatory concerns surrounding income share agreements in the broader context of student loans and higher education financing.

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