Fast Crimes at Lambda School
Benjamin Sandofsky,
Sandofsky,
Jun 20, 2024
This is a long detailed post documenting the rise and (mostly) fall Lambda School, aka Bloom Institute of Technology. To be clear, "Lambda School targeted single mothers, the disabled, reformed convicts, and people struggling with serious medical problems. They lost tens of thousands of dollars, some lost years of their lives, on a broken, predatory program." This is billed as a tech story - the founder, Austen Allred, is compared to Elon Musk and the company to Uber. But it isn't, it's just another case of someone hyping a service using 'tech' and venture capitalists falling for the hype. There's a lot of this in EdTech, just as there is a lot of this in industry generally. Via Marco Rogers.
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