Yes but for the package to have any value the student still need to find a job.

LambdaSchool can get money on the long term, when the student get a job, and need to cover their costs now, so the packaging is not a weird thing to do. As long as the people buying them understands what they are, there is nothing nefarious going on.

There may be bad things happening at LambdaSchool but I wouldn't say that this part of the financing is one.