No, no, no, no, no. The guy's barely functioning, clearly unable to keep his shit together, and your advising him to effectively get himself into debt and thus trap himself into a career he's not even sure he wants? I don't care if you're affiliated or not, I don't care how hipsterish and "disruptive" these Lambda people are, this is really, really terrible advice. There are plenty of ways to learn tech skills online without paying a penny, no need for anyone to start their career indebted to yet another start-up that exists to profit from the gullible and desperate.

Knowledge is free. There are many other ways to improve programming skills other than being indebted to some for-profit company.