> "... would probably be a few cycles of students ..." This sort of delay would be priced in by the person buying the ISAs from Lambda. I agree with the grand

> "... would probably be a few cycles of students ..." This sort of delay would be priced in by the person buying the ISAs from Lambda. I agree with the grand-parent post. Lambda school definitely has skin in the game. If they want to continue operating (i.e., sell the next batch of ISAs onward to investors) then they need to have students who get high paying jobs.