Lambda School, founded by Austen Allred, promised to revolutionize education with Income Share Agreements, where students only pay after they land a job. Despite initial success and high praise from Silicon Valley, leaked communications revealed that the program didn’t work as well as advertised. Many students remained unemployed, and the school resorted to unethical practices like reselling student debt and going after graduates who didn’t secure programming jobs. What began as a promising startup quickly unraveled into a predatory operation, tarnishing the reputation of its founder, Austen Allred, and leaving behind numerous victims, including Emily Bruner, who passed away before receiving justice.
https://www.sandofsky.com/lambda-school/