As Lambda students speak out, the school’s debt-swapping partnership disappears from the internet | The Verge

acastro_200212_1777_Lambda_0001.0 As Lambda students speak out, the school’s debt-swapping partnership disappears from the internet | The Verge

In December, online coding bootcamp Lambda School quietly partnered with Edly, a digital marketplace that helps schools sell income-sharing agreements (ISAs) to accredited investors. The arrangement allows Lambda to receive money from the ISAs upfront, rather than waiting for students to find jobs. But it also flies in the face of the values Lambda typically espouses: namely, that ISAs align its incentives with the goals and aspirations of the students.

Pleased to announce our latest offering – a Lambda School ISA Pool. We @edlyISA are excited to work with the amazing team @LambdaSchool , one of the most impactful ISA programs in the country.

— edly ISA Marketplace (@edlyISA) December 11, 2019

Shortly after the arrangement was…

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