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by d4mi3n 2612 days ago
I have a friend going through a boot camp, and the financing was eye opening. They are indeed expensive, but consider: what if an applicant does not have the credit history or collateral to get a student loan?

This is a pretty common situation for people looking to pick up a trade skill to get out of the unskilled labor market, or for people looking to transition into a more desirable field of work.

2 comments

Lambda School doesn’t currently look at credit history or require collateral.
Neither do traditional Federal student loans.
Yup! The point is most private loans do
90% of student loan disbursements are Federal, so for the vast majority of people that's not really a relevant concern.
Last time I checked federal student loans do not require a credit check, collateral, or co-signer.