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3 former Lambda School students are taking legal action against the coding bootcamp over claims it misrepresented its job placement success rate

Austen Allred

Summary List Placement

Three former Lambda School students are taking legal action against the coding bootcamp over accusations that it misrepresented its job placement rate, according to the National Student Legal Defense Network, which filed arbitration cases on their behalf on Thursday.  

Lambda School, which has raised $129.53 million from investors like GV (formerly Google Ventures), Stripe, and Ashton Kutcher, is known as a pioneer of the income sharing agreement (or ISA) model, where students can participate in a coding bootcamp without any upfront fees.

Lambda’s ISA lets students skip tuition in favor of paying the school 17% details ⇒

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