| Thanks for replying! The reviews of Launch School are impressive. I think you're dead on with that first link. I've heard of some schools that did not apply an effective filter up front, despite instructor pleas, and suffered for it greatly with lowered job placement, ultimately failing with the ISA model. I feel there's a class of students for whom ISAs are perfect, and, just like you said, a class of students for whom they are ineffective. The ones where the ISA works and standard school is out of reach have incredible success stories. I found something similar when I taught a nearly free C++ class. I put a really simple test on the front with a refundable $20 fee (if you took the course). Everyone who ultimately took the class was really motivated. $20 was all it took to filter. $5 might have even worked since I speculate the effect is psychological, not economical. The second link is good food for thought, some stuff I hadn't considered. If the ISAs are sold cheaply enough, you really don't need much student success to get a return. IIRC, in Lambda's case, the ISA sales were stopped while the company was still young (having gotten another round) [caveat: I didn't have much visibility into this side of things], and anecdotally I think they had some of their biggest successes early on, but I agree with your points on this. One thing that really impressed me about Lambda was how diverse in every respect the student body was, people from just every walk of life. Waaay more so than I'd seen at any university. I credit the ISA for making this possible. One of my missions in life is to enable people to get the training they want to get. ISAs were wonderful in that regard. |
Education has a couple of unique attributes that makes it difficult to assess:
This is in contrast to, say, a restaurant where diners can immediately determine if they like the food and can compare it with competitors (because they dine at all the restaurants).Those two attributes make it very easy to lead with hype and marketing and vulnerable people are particularly susceptible to it. imo it's not appropriate to deploy the standard startup playbook in edu, especially if you find yourself attracting vulnerable students.
Ok, now combine that with ISAs, which has some positive qualities but are not as incentive aligning as marketed. And then if you sell the ISA in bundles, then it becomes even less incentive aligning. Well, I guess it's now aligning with investors and loan brokers. But it's certainly not aligning more with student outcomes.
It all makes for a very delicate situation where you have vulnerable students biting on the ISA bait.
I know it seems like I'm just complaining but I've been thinking about these problems for a long time and I come with solutions. Or, particularly, a solution: imo the best thing an edu institution can do is allow students to leave easily.
Why do we never think of restaurants as predatory? The idea is ludicrous to even consider. There are of course terrible restaurants but we can just not dine there again and eat elsewhere. There are lots of restaurants around.
And here's the issue: there are also lots of edu institutions around but every single one of them deploy the marketing->entrapment playbook.[3]
How does marketing work when you have a bad school? Because of the time-lapse between value received and service rendered. The ISA is easily abused in this environment because it's both the marketing and the trap.
Anyway, I'm just riffing here... btw, huge fan of your books and work! Despite what I wrote above, I knew Lambda was making an honest attempt at their curriculum when they hired you.