Executive Summary
The risk equation in higher education is deeply flawed. An overwhelming burden is placed on the student, not the educator. Students are expected and encouraged to dream big, get into the best school they can, study what they love, and spend tens of thousands of dollars — sometimes hundreds of thousands of dollars — to do it. Today, nearly 70% of students take on debt. Forty-four million borrowers in the U.S. owe a collective $1.5 trillion. Two years ago, Lambda School was founded with an underlying hypothesis that if we can eliminate risk and align the…
