Before the cap even lands after graduation, American students are met with a stark realization: they owe someone, somewhere, a lot of money. Worse, their degree offers few assurances. While colleges have proven great at cashing tuition checks, many fall well short of serviceable in terms of job placement. Austen Allred imagines an education without all the risk. Allred, just a few years past college-aged himself, is the founder of an education startup called Lambda School that’s disrupting the traditional education model and captivating Silicon Valley. Lambda School, a Y Combinator-backed alternative to a four-year university, focuses on job training…

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