BloomTech
bloomtech.com
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Overview
BloomTech, formerly Lambda School, teaches software engineering and data science online to career changers. It popularised the income share agreement, deferring tuition until a graduate earned above a salary threshold, a model that later drew regulatory scrutiny. Its courses now run as shorter online programmes with conventional payment options.
News
CFPB Takes Action Against BloomTech, Inc. for ISAs that Violate TILA, UDAAP, and the FTC's Holder Rule
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Austen Allred (@Austen) on X
As you may have seen, BloomTech reached a settlement with the Consumer Financial Protection Bureau regarding ISAs (which we largely stopped using in 2021, and no longer offer today).We decided to settle the matter because it was clear that ongoing litigat
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Coding bootcamp Lambda School - now BloomTech - is finally getting punished
The US Consumer Financial Protection Bureau (CFPB) is banning BloomTech / Lambda School from issuing student loans, fining it, and releasing some students from some debt.
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Consumer Financial Protection Bureau fines BloomTech for false claims
The CFPB is permanently banning BloomTech from consumer lending activities and its CEO, Austen Allred, from student lending for a period of 10 years.
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Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
San Francisco
United States
HQ
10-50 est. staff