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I don't think the assertion that "lambda grads weren't able to get good jobs" is true. Obviously not every single student has been hired, but our hiring rates

I don't think the assertion that "lambda grads weren't able to get good jobs" is true. Obviously not every single student has been hired, but our hiring rates have always been pretty good (they're better now than they were in the past), and thousands of BloomTech (we had to change our name because of a trademark lawsuit) grads have increased their lifetime earnings by billions of dollars, and work at nearly every major company you can think of.

MivLives 4y ago
There were for sure people I knew who got good positions in companies. I don't mean to imply otherwise.
Dwolb 4y ago
What are the hiring rates and the average and median improvements in salary?
- austenallred 4y ago
  You can see our 2021 audited outcomes report here with all of the data https://www.bloomtech.com/reports/outcomes-report https://www.bloomtech.com/reports/outcomes-report. (Note: 2021 outcomes report is very recent as you have to get students graduated, give them time to get placed, etc.) Some of it I'm thrilled about, some of it shows us where we have more work to do (or need to do better in admissions - candidly it's always a difficult balance between giving folks chance and certainty of those folks' outcomes.) High level: 90% of those who are job seeking got hired. Our median hired grad increased their income by $27,500 (and that's just their first job - obviously software/data science salaries shoot up quickly after a first job). About half of our students have degrees, and half do not.
  - Dwolb 4y ago
    Hey so I’m not your marketer, but my 2 cents is to revamp that page to read more like a “proof of performance report” i.e. remove the fluff. The selling on the entire page makes it feel untrustworthy, which is the exact opposite of the intent.
  - laserlight 4y ago
    This comment got me interested, so I dived deeper into the report [0]. Learners are divided into three groups: graduated (59%), still enrolled (5%), and withdrawn (36%). Graduated learners are further divided into two groups: job seeking (63%: ~37% of all learners) and non-job seeking (37%: ~22% of all learners). Here's the definition of “non-job seeking”: “A BloomTech graduate who has been unresponsive to outreach, has explicitly indicated they are not pursuing a technical role, or has explicitly indicated they have paused their job search.” When we apply the base rate to the 90% rate, we conclude that 33% of those who attend the program (learners) got hired. [0] https://www.bloomtech.com/reports/outcomes-report https://www.bloomtech.com/reports/outcomes-report
    - fakedang 4y ago
      The gold is always under the shit.
    - ibarearer 4y ago
      I see, that’s … extremely unimpressive especially if you take the median salary increase from above. And I think maybe we should take everything else this guy is saying as potentially dishonest. Not including people who stopped trying to get a job is just an absurd way to do this calculation. Imagine a clinical trial that just ignores everyone who disconues due to adverse events. These stats seem borderline predatory
      - achileas 4y ago
        That controversy has been rightly following Lambda around for a few years now.
      - rchaud 4y ago
        It's largely unregulated. Institutions formally registered as colleges and universities have more stringent disclosure requirements.
        austenallred 4y ago
        It's extremely, extremely regulated!

MivLives 4y ago

There were for sure people I knew who got good positions in companies. I don't mean to imply otherwise.

Dwolb 4y ago

What are the hiring rates and the average and median improvements in salary?

austenallred 4y ago
You can see our 2021 audited outcomes report here with all of the data https://www.bloomtech.com/reports/outcomes-report https://www.bloomtech.com/reports/outcomes-report. (Note: 2021 outcomes report is very recent as you have to get students graduated, give them time to get placed, etc.) Some of it I'm thrilled about, some of it shows us where we have more work to do (or need to do better in admissions - candidly it's always a difficult balance between giving folks chance and certainty of those folks' outcomes.) High level: 90% of those who are job seeking got hired. Our median hired grad increased their income by $27,500 (and that's just their first job - obviously software/data science salaries shoot up quickly after a first job). About half of our students have degrees, and half do not.
- Dwolb 4y ago
  Hey so I’m not your marketer, but my 2 cents is to revamp that page to read more like a “proof of performance report” i.e. remove the fluff. The selling on the entire page makes it feel untrustworthy, which is the exact opposite of the intent.
- laserlight 4y ago
  This comment got me interested, so I dived deeper into the report [0]. Learners are divided into three groups: graduated (59%), still enrolled (5%), and withdrawn (36%). Graduated learners are further divided into two groups: job seeking (63%: ~37% of all learners) and non-job seeking (37%: ~22% of all learners). Here's the definition of “non-job seeking”: “A BloomTech graduate who has been unresponsive to outreach, has explicitly indicated they are not pursuing a technical role, or has explicitly indicated they have paused their job search.” When we apply the base rate to the 90% rate, we conclude that 33% of those who attend the program (learners) got hired. [0] https://www.bloomtech.com/reports/outcomes-report https://www.bloomtech.com/reports/outcomes-report
  - fakedang 4y ago
    The gold is always under the shit.
  - ibarearer 4y ago
    I see, that’s … extremely unimpressive especially if you take the median salary increase from above. And I think maybe we should take everything else this guy is saying as potentially dishonest. Not including people who stopped trying to get a job is just an absurd way to do this calculation. Imagine a clinical trial that just ignores everyone who disconues due to adverse events. These stats seem borderline predatory
    - achileas 4y ago
      That controversy has been rightly following Lambda around for a few years now.
    - rchaud 4y ago
      It's largely unregulated. Institutions formally registered as colleges and universities have more stringent disclosure requirements.
      - austenallred 4y ago
        It's extremely, extremely regulated!