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Why is education affected negatively by COVID? It is the last sector I would expect. I'm sure many are doing fine but IIRC Ryan Florence had to lay off his Reac
by lwb 6y ago
Why is education affected negatively by COVID? It is the last sector I would expect. I'm sure many are doing fine but IIRC Ryan Florence had to lay off his React teachers as well.
- blihp 6y agoBecause many schools aren't teaching via the web, they're closing for the year. Many (but not all) kids, without the threat of a failing grade, just aren't that interested in furthering their education.
- matthewcford 6y agobut lambda is an online-only platform:?
- blihp 6y agoRight. The assumption being that with schools being shut down they would see increased business as a result. However, that appears to not be the case. Combine that with an increasing number of their adult students having cash flow problems right now, their business outlook doesn't look great.
- Loughla 6y agoI need any amount of citation for that. For K-12, the 30-40 districts I'm affiliated with have gone to paper packets or online for those with access. The 40-50 colleges I work with regularly have gone all online for at least this semester and summer. I'm going to need you to cite something to back that up. It is opposite of everything I've seen so far.
- blihp 6y agohttps://www.edweek.org/ew/section/multimedia/map-coronavirus-and-school-closures.html?PageSpeed=noscript https://www.edweek.org/ew/section/multimedia/map-coronavirus... Just search on "schools shutting down for the rest of the year" and you'll find a bunch of sources. Of course it varies by state/district here in the U.S., but many are opting to shut down completely rather than attempting online instruction.
- stanleydrew 6y agoBecause this type of education is more about job prep and placement. It's not education that people pay for just to have. If hiring slows down, which it has, then these schools don't have anywhere to place students.
- tempsy 6y agoNew grads are now competing with a bunch of laid off engineers with experience for open roles. I would imagine it would be much harder now to find a role than before, and Lambda doesn’t get paid since it runs off the ISA model. If Lambda tries to sell their ISAs, which they admit they sometimes do, the buyer is going to request a much steeper discount now than before if they are willing to buy the loans at all.
- johnnyfaehell 6y agoI suspect there will still be more developer jobs than developers. While it would be harder it shouldn't be impossible.
- dataminded 6y agoI remember interviewing candidates in 2008. Experience can be bad, experience can be irrelevant and employers can tell the difference between interest and desperation. I talked to more than one ex-Director/VP/CXO for entry level help desk roles. Some experienced candidates will do well but a non-trivial number of them will find themselves unemployed now and unemployed later.
- juskrey 6y agoThey are not in education business, they are in % from HR business.
- chrisseaton 6y agoLambda School is in the education business - they run private computer skills courses.
- juskrey 6y agoThey run a 17% income tax, but with no unemployment benefits.
- chrisseaton 6y agoI'm not sure what point you're trying to make... yes you need to pay for the education they give you. It's capped and time limited - so you know the max you'll pay and how long you may be paying up front. Not sure why you're mentioning unemployment benefits? Why would that be their job to do that for you? What's the problem?
- juskrey 6y agoThe problem is we have no proof that they are better than no education (autodidactism) or even some other education, to begin with. And in crisis times they signal their courses give no edge over the job market by.. laying off their own people.
- chrisseaton 6y ago> The problem is we have no proof that they are better than no education (autodidactism) or even some other education, to begin with. Not really sure what you want here. They don't offer proof? When you buy a book do you demand 'proof' from the author that you'll learn something from it? What proof do universities offer? It's a service offered. If you want it, buy it. If you don't, don't. > And in crisis times they signal their courses give no edge over the job market by.. laying off their own people. These are employees, not students of their course, aren't they? And you having to lay people off due to reduced revenue doesn't say anything about the quality of their education anyway. I think you're just throwing random snide comments around that don't really make any sense.
- baddox 6y agoAs far as I know, reeacttraining.com primarily does on-site corporate training and in-person workshops.