It’s an interesting model with a huge potential for impact, sure. This makes a coding education accessible to people with less savings to spare and, more interestingly, makes Lambda fully invested in their students’ success. If you haven’t heard of them, Lambda School is essentially a coding bootcamp with a twist: you don’t pay them anything until you land a job bringing in more than $50,000 a year, after which you pay them a portion (17%) of your income for 2 years. That’s why when I recently heard about Lambda School, I was intrigued. From MOOCs to coding bootcamps, I knew there must be a better way. Since then, I’ve been deeply interested in any novel approaches to education.
It wasn’t until spending an entire summer taking online courses that I landed my first job in the tech industry. When I graduated in 2014 with a 4-year marketing degree, I realized how little I learned that was directly applicable to the needs of employers.
I have no affiliation with Lambda - I just think it’s an interesting business.
#Average salary of coding bootcamp switchup series#
This is Part 1 in a series deconstructing Lambda School’s growth.
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