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I mean, it's still a vastly, vastly better deal than college or other boot camps. It has no up front monetary investment, and you only pay for it if i works for you.


> it's still a vastly, vastly better deal than college or other boot camps

I'd like to see ten-year outcomes before claiming this. That said, it's also hard to control for different student backgrounds.


I would be more interested in the ten-year outcomes of something like the Lambda School versus self-teaching or using cheap online resources and entering the job market. Either way you're going to have to start with a very junior and entry-level position in order to crack the job market. But at least you're not on the hook for a huge chunk of your paycheck.


50% placement doesn't seem bad to me at all...


Sure, but controlling for different student backgrounds is a super high standard. Very few people try to control for example colleges by student background; almost nobody would say that Stanford admits having high grades is a point against Stanford.


It's not at all comparable to a four-year college experience. And it's a terrible solution to the problems we are having with the cost of secondary education.


Secondary education is high school. I think you mean post-secondary education, right?


Undergraduate, yes.


Paying $30k for a 9 month coding bootcamp is not a good deal. A lot of colleges in the US are not good deals. But this doesn't make Lambda School a good deal.


If you go from minimum wage to a job making $50k+, the lifetime earnings from that makes $30k an outrageously good ROI. Especially since the $30k is not up front and only contingent on success.


No it doesn't. You can get the same education for much less (in other countries, other bootcamps, on your own etc.). Additionally, you take a big risk by foregoing income for 9 months. How do you think a person who had minimum wage before would pay for their life during those 9 months?


This is not true at all.

There are plenty of self-studied developers who have full-time jobs on HN. I've met a vast number of devs in real life who didn't go to college. It's not incredibly rare. It costs almost nothing but time to self-study and build a portfolio.

The other option would be go thru university. And there are many universities that offer a BS in CS for a reasonable price such as University of Florida. You can apply for a FAFSA, and depending on your financial needs, you could get it all paid for in grants. It will likely take 3 years but you get a legit degree by an accredited University, not some University of Phoenix equivalent scam. Some of these online BSCS students even get accepted to reputable PhD programs, good luck doing that from Lambda School because it's not happening.


I'm curious what exactly happens if say you get a 55K job doing 'marketing' at a startup

are they collecting 17% of your paycheck?


Lol.




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