General World News

The hot Silicon Valley coding bootcamp Lambda School is paying a $75,000 fine for not registering properly with the state of California

Austen Allred

  • In July, the online coding bootcamp Lambda School received a citation from the California Bureau for Private Postsecondary Education (BPPE) for failure to properly register itself with authorities.
  • Lambda School has agreed to pay a $75,000 fine, and is in the process of properly registering itself.
  • Lambda School has an unusual business model: Tuition is generally free, but after the student gets a job in the tech industry, Lambda School takes a cut of their wages for the first two years. Normally, this wouldn’t fall under the BPPE’s jurisdiction, but it also allows students to pay a more traditional tuition. read more >>>

    Source:: BusinessInsider.Com