[sandofsky]

    I don't see what the problem is here. For students, the only cost associated with Lambda is the opportunity cost.

The terms of the ISA are five years, and they don’t just apply to coding jobs. You could conceivably go back to school for a degree after the program fails, get a job without any of their help, and still get your wages garnished. They just have to say you learned something in the program that helped you get your job.

Another scenario: you’re making slightly below $50k, you get a promotion to $50k in the middle of the program. The promotion had nothing to do with what you learned in the program, but it’s up to you to argue otherwise.

Students have brought up both of these things in the official subreddit, but I can’t link to them since they set it to private after last year’s major backlash.

I'll also add that while most students opt for the ISA, some students pay the up-front price. That's because the ISA historically attached a premium e.g. $20k pay up front or go with an ISA with a $30k cap. If you were sold on their claimed 86% placement rate, who needs that insurance?