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A better compromise might be Income Share Agreements. Yes, Lambda School did do some shady stuff with selling ISAs. But that payment structure does incentivize
by Manuel_D 5y ago
A better compromise might be Income Share Agreements. Yes, Lambda School did do some shady stuff with selling ISAs. But that payment structure does incentivize the school to actually improve the earning prospects of their students. The concept shouldn't be thrown out because Lambda School sold their ISAs while continuing to tell students that the company has a financial stake in their success.
Some complain that this will make universities effectively become vocational schools and cut liberal arts and humanities programs. But I see that as a feature: putting more emphasis on education on the fields with higher labor demands.