ISA List

Website

incomeshareagreements.app

Release Date

-

Categories

#Fintech #Tech #Freelance #Hiring And Recruitment

Lambda School

Website

lambdaschool.com

Release Date

2017 January

Categories

#Education #Online Learning #Online Education #Hiring And Recruitment

Startup details

Country

United States

State

California

City

San Francisco

Founder(s)

Austen Allred

Employees

100 - 249

ISA List features and specs

• Access to Opportunities
  ISA List provides a platform where students can discover educational programs that offer income share agreements, helping them access opportunities they might not afford otherwise.
• Reduced Financial Risk
  By using ISA List, students can find programs that allow them to pay tuition based on their future income, reducing the financial risk if they don't secure a high-paying job post-graduation.
• Diverse Program Options
  The platform offers a diverse range of programs and institutions, increasing the chances for users to find a program that fits their career goals and financial situation.
• Simplified Search Process
  With curated lists of programs, ISA List simplifies the process of finding educational opportunities that align with income share agreement terms.

Possible disadvantages of ISA List

• Limited Program Availability
  Not all educational programs are available through ISA List, which could limit users' access to certain fields or institutions they're interested in.
• Potential Costs
  While ISAs alleviate upfront tuition payments, users might end up paying more than traditional loans if their post-graduation income is high.
• Complex Agreement Terms
  Understanding the terms of income share agreements can be complex, and students might not fully understand the long-term financial implications.
• Career Pressure
  Students might feel pressured to pursue higher-paying jobs immediately after graduation in order to fulfill the terms of the ISA, potentially affecting career choice.

Lambda School features and specs

• Income Share Agreement
  Lambda School offers an Income Share Agreement (ISA), allowing students to defer tuition payments until they secure a job making at least $50,000 per year. This reduces upfront financial risk for students.
• Remote Learning
  The program is entirely online, providing flexibility for students to learn from anywhere in the world.
• Comprehensive Curriculum
  Lambda School offers a comprehensive curriculum that covers a wide range of in-demand tech skills, including web development, data science, and machine learning.
• Career Services
  The school provides extensive career services, including job placement support, resume reviews, and interview preparation to help students secure employment after graduation.
• No Upfront Cost
  Students can enroll without any upfront cost, making the program accessible to those who may not have the financial means to pay for a traditional coding boot camp.

Possible disadvantages of Lambda School

• High Deferred Cost
  Although there are no upfront costs, the total cost of the ISA can be high, potentially up to $30,000, which is more expensive than some other coding boot camps.
• Intensive Time Commitment
  The program is very intensive and requires full-time dedication, which can be challenging for individuals who need to balance other responsibilities such as work or family.
• Variable Job Market
  Job placement success can vary significantly. While many students do find jobs, some may struggle, particularly in a competitive job market.
• Risk of Debt
  If a student does not secure a high-paying job immediately, the deferred tuition can become a financial burden, particularly if the student is unable to make the minimum required salary.
• Limited Financial Assistance
  Since the program relies heavily on ISAs, there may be limited options for students seeking traditional financial assistance or loans.

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