But frankly, if the only thing you took out of this post is that the ISA structure is poor, without considering how you have all the power to set and enforce terms in your contract, I don't think I have much else I can say to try and help you. I think there are a lot of ways you can improve Lambda School to make it better for the people attending. And they don't involve deleting Reddit threads of criticism.
Edit: s/selling/securitizing
You are incorrect in your understanding of how ISA financing works. Our interests and incentives remain aligned.
Interesting, I didn't know this. I thought you just sold the ISA outright, which would retain some of the incentive but weaken it quite a bit. It's great to hear that that's not happening.
I found https://lambdaschool.com/the-commons/announcing-our-new-isa-... discussing this in more detail. Seems like everyone complaining about Lambda School ISA financing should just read that...
It's still completely aligned, we just fast-forward some of the cash so we don't have to raise endless amounts of VC.
As a student, I can confirm this is a lie. And you know it is because we have told you in Slack, we've told you on Twitter, we've told you on Reddit, and now you have to read about it on Hacker News.