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Austen Allred
@AustenAllred
, 3 tweets, 1 min read Read on Twitter
Big announcement!

Introducing Lambda Async: The methodology of ensuring *every* student is competent in *every* area.

In short: students can now repeat content for every sprint/objective until they've mastered it.

Students who have demonstrated mastery in 100% graduate
Students will be fully supported as they do so, with help and instructors all along the way.

More: lambdaschool.com/blog/introduci…
How do we do this?

Answer 1: $$$$$

Answer 2: An infinitely divisible virtual classroom filled with thousands of students and dozens of instructors makes it easy for us to be flexible
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Austen Allred
@AustenAllred
Time for a story, since @gustaf is asking for some stories about talking to users for a YC presentation.

This is how Lambda School was born, and it's way less sexy than everyone assumes.
We started out as an "online code bootcamp," and taught a huge free class to spur interest. We knew it was (and is) a super crowded market. So we just taught a free, month-long class, put up a paid version, and started asking everyone individually why they wouldn't join.
I was literally sending 1,000+ personalized emails per day *by hand*.

Pretty soon we realized literally everyone was saying, "That's awesome, but I can't afford the risk." So we started figuring out how to make it risk free.
Read 5 tweets
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Austen Allred
@AustenAllred
A few people have mentioned we should talk about Lambda School's weaknesses and struggles. I think that's wise.

The biggest one we've had, by far, is students' inability (or unwillingness) to search for jobs after graduation.

Job hunting is hard and discouraging (1/n)
And a lot of folks from low-income backgrounds have never experienced a job hunt before. Most minimum wage jobs just have you sign paperwork and start right away.

Even with a network of career coaches, as students run low on cash and high on stress the difficulty compounds (2/n)
We rolled out Lambda Next, a fully-supported, full-time career search program.

We've never had anyone participate for more than a month without being hired. Not once.

But it's still not enough for many people. (3/n)
Read 5 tweets
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Austen Allred
@AustenAllred
Alright, since no one can seem to grasp this:

Yes, there are deferred payment structures in other countries. No, they’re not like Lambda School. At all.

1. Lambda School only gets paid if students get high paying jobs. Schools in UK, Australia get paid upfront no matter what
2. If a Lambda School grad in the US doesn’t get a $50k+ job in the field they studied within 5 years they owe $0 and the agreement goes away. They will never make a payment.

In the UK students make payments for 20-25 years at a minimum when making $27k+regardless of work
3. Lambda School’s income share agreement is not debt, has no balance to be paid, and has no interest.

UK loans accrue interest at a steep rate whether or not students are making payments, and many never touch the principle despite paying many times more than what they borrowed
Read 5 tweets

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