> Colleges are predatory, putting kids deep into debt that they may never be able to repay and can't even remove with bankruptcy.
We're not talking about colleges. The fact other scams exist in the world has zero bearing on whether one specific company is scamming people.
> Whereas Lambda aligns their interests with the student.
They align themselves with their investors. That's their fiduciary duty. If you want to understand how their model doesn't necessary align with students, here's a good starting point: https://applieddivinitystudies.com/lambda-lies/
> If their students don't get a job, Lambda doesn't get paid.
When a student signs an ISA, Lambda School is immediately paid by reselling that debt to hedge funds.
We're not talking about colleges. The fact other scams exist in the world has zero bearing on whether one specific company is scamming people.
> Whereas Lambda aligns their interests with the student.
They align themselves with their investors. That's their fiduciary duty. If you want to understand how their model doesn't necessary align with students, here's a good starting point: https://applieddivinitystudies.com/lambda-lies/
> If their students don't get a job, Lambda doesn't get paid.
When a student signs an ISA, Lambda School is immediately paid by reselling that debt to hedge funds.