[thiscatis]

Not just pg, also the stripe founders have been fawning over Austen. They all knew it was a predatory “school” but backed it anyway.

[sandofsky]

Tommy Collison, their youngest brother, worked there as Head of Communications Strategy and Business Development.

[doctorpangloss]

While I don’t think Lambda School is good, did they actually ever collect on any students who didn’t get jobs?

It seems kind of important to the premise. These things may have been loans and had a finance charge or whatever. But if you can “default” and nothing happens… what are they really?

[sandofsky]

The contracts in the early days lasted up to five years, so people who went on to further training (e.g. associates degree at a community college) still owed money even though Lambda School had zero role.

Later, they extended it to eight years and removed the “tech job” stipulation. I read one account a guy owing money who worked as a mailman.

[andrenotgiant]

https://news.ycombinator.com/item?id=40071539

[hackerlight]

The peons and peasants with their pesky "anecdotes" don't morally matter to these elite club members. Never believe they're on your side although they're good at making it look like they are.