> then the risk to Lambda School is practically zero
If only!
We only get paid if a student is making $50k/yr or more and the agreement is time-bound (10 yrs).
A student may teach those levels of salary without our involvement, but when our possible downside is $18k + the cost of training and our potential upside is somewhere between $0 and $50k any level of default or non-hiring destroys returns immediately.
If only!
We only get paid if a student is making $50k/yr or more and the agreement is time-bound (10 yrs).
A student may teach those levels of salary without our involvement, but when our possible downside is $18k + the cost of training and our potential upside is somewhere between $0 and $50k any level of default or non-hiring destroys returns immediately.