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A comment on Let me give you a list of the top scams coding bootcamps use to steal your money. Parent comment

Re:Let me give you a list of the top scams coding bootcamps ... by tempsy on Monday January 06, 2020 @04:25PM (#21973506)
Ok got it - but what's the issue? This is similar to invoice financing, which is a pretty common practice.

The only way I see this impacting student outcome is if the school loses motivation to help students post-graduation, but the discount for selling these ISAs must be very high.

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Re:Let me give you a list of the top scams coding bootcamps ... by austenallred on Monday January 06, 2020 @04:28PM (#21973531)
Bingo. ISAs are financed one way or another, whether it’s with VC or with an ISA-backed financing mechanism.

Lambda School is still on the hook and loses money until the students are placed and have paid back. It’s about incentive alignment.

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