It is a terrible deal. Lambda School’s stipend programme (places limited) pays students $2,000 a month for the nine months of their job training, while they get trained 40 hours a week and that includes interview prep and placement and job search help that makes university careers offices look like they’re going through the motions, not trying to get the students a job.
And after paying students $18,000 and spending nine months getting them job ready and helping them find a job they only have to pay back
> Upon completion of the program, students will pay 10% of their salary for a five year period once they're making at least $50,000 per year. The max possible payment is capped at $50,000.
https://lambdaschool.com/stipend/
Or if you don’t get the stipend
> There are no up-front costs required to attend Lambda School; we only get paid when you do. Once you’re earning at least $50k per year you’ll pay back 17% of your income for the first two years.
> Total tuition possible is capped at a maximum of $30k, so no matter how much you’re getting paid the most you could possibly pay is $30k.