Lambda School

Website

lambdaschool.com

Release Date

2017 January

Categories

#Education #Online Learning #Hiring And Recruitment #Productivity

Startup details

Country

United States

State

California

City

San Francisco

Founder(s)

Austen Allred

Employees

100 - 249

Thinkful

Website

thinkful.com

Release Date

-

Categories

#Development #Education & Reference #Online Learning #Online Services

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.

Thinkful features and specs

• Personal Mentorship
  Thinkful pairs students with experienced mentors who provide personalized feedback and guidance throughout the course, enhancing the learning experience.
• Career Services
  The platform offers robust career support including interview prep, resume reviews, and job search assistance, aimed at helping students transition into tech careers.
• Flexible Learning Options
  Thinkful offers full-time and part-time programs, allowing students to choose a learning schedule that fits their personal and professional commitments.
• Variety of Courses
  Thinkful provides a wide range of courses in software engineering, data science, UX/UI design, and more, catering to various interests and career goals.
• Project-Based Learning
  The curriculum emphasizes practical, project-based learning, enabling students to build a portfolio of work that demonstrates their skills to potential employers.

Possible disadvantages of Thinkful

• High Cost
  Thinkful's programs can be expensive, especially without financial assistance or a deferred payment plan, which may be a barrier for some prospective students.
• Intensity of Programs
  The bootcamp-style nature of the courses can be intense and fast-paced, which may be challenging for students who have other commitments or prefer a slower learning pace.
• Varied Mentor Quality
  While mentorship is a key feature, the quality of mentors can vary, affecting the consistency and effectiveness of the learning experience.
• Success Dependent on Self-Motivation
  As with many online programs, students need to be highly self-motivated and proactive to succeed, which can be difficult for those who need more structured oversight.
• Geographical Limitations for Job Placement
  While Thinkful provides job placement assistance, its effectiveness may be limited for students who are looking for jobs in certain geographical locations where there is less demand for tech roles.

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