Is Education Good?

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Anthin: Let's say you pay m 150 cash ther ha to be a hundred 50 developer. They have forty students, and the program last nine months. Forty students times an average of 25 ks, a million dollars. Of the 500 thousand, 30, your replacement rate would plum it. Anthin lik that lick, look at me actively. This is their plan, is ri i mean, their plan is to scale the school to be like a multivillion dollar company,. The only way they get there s by dramatically ram t od be a million dollar company left of a hundred million in revenue.

0:45 Jason intros Vincent Woo, who wrote "Lambda School's Misleading Promises" for New York Magazine
2:21 What drew Vincent to this story? What wrongdoings did he discover?
6:02 Vincent describes Lambda's ISAs and how they were sold
14:24 How Vincent approached Austen Allred as an investigative reporter & clip from Vincent's interview with Austen
16:19 What is Lambda's school actual placement rate? How does it compare with other coding bootcamps?
20:06 Getting Lambda's former Director of Student Placement on record to speak about the placement rates
23:43 Why ISA coding schools should exist
29:18 How Lambda's remote-only approach differentiates them & how opportunity cost plays into their issues
35:06 Where did Lambda School go wrong?
45:51 Does the business model work in broad strokes if opened up to everyone?
53:54 What does Lambda School need to do now?
58:21 Where is the blindspot in most entrepreneurs?
1:00:57 Vincent also writes about local political corruption in the Bay Area