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by akanet
1695 days ago
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It depends on what you conceive of the school as - is it an educational institution that has an incentive to improve the lives of each one of its students, incurring variable cost for each? Or is it a fishing expedition to land as many students as possible for as cheaply as possible, and letting the ones who were going to get jobs on their own anyway pay for the rest? |
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I don't know much about Lambda School, but my guess is that it does what colleges do, but faster and with incentives better aligned. College is more about distinguishing people than training them. (If education is actually about training, then why is >60% of the wage benefit of education from the credential rather than the years or credits earned?[1]) Someone with a college degree has shown they are reasonably intelligent and can obey instructions to complete boring tasks over long periods of time. This means they're probably a useful employee. I think Lambda School (and similar outfits) distinguish people more quickly than college and try to train them better.
To give people some idea of how bad education is: I learned computer science at an ABET-accredited college. The vast majority of the career skills I developed were from learning on my own, not from my coursework. Nowhere in my classes was there any discussion of source control. I had to teach my classmates how to use Subversion.
So often we forget that almost all education is terrible. We're only jarred out of status quo bias when a new type of school comes along.
1. https://en.wikipedia.org/wiki/Sheepskin_effect