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> The problem with any education is how do you figure out the actual value added?

Answer: with a randomised controlled trial. That is, the school randomly rejects a number of applicants who meet the enrolment criteria, then it follows up after 5 years to see if the accepted students are significantly better off than the rejected candidates (eg. in terms of income).

Austen Allred, the CEO of Lambda School, has already floated such an idea: "I’d love to eventually do an impact study that statistically shows how much more attendees of Lambda School make over the course of their lifetimes." https://twitter.com/Austen/status/1433260773040693257



Doesn't it need to be doubly randomized? They'd have to accept people they'd otherwise reject?




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