https://techcrunch.com/2021/11/16/lambda-school-rebrand-bloom-institute-of-technology/

Lambda School, a buzzy coding bootcamp that has landed over $122 million in known venture capital to date, is rebranding to Bloom Institute of Technology, according to a blog post from CEO Austen Allred.

The company is also updating its tuition payment options to introduce an outcomes-based loan. The financing instrument allows students to take a loan with zero dollars upfront, and then get 110% of their tuition refunded, including fees and interest from an approved lender, if they are unable to secure a job within the next year. A student is only eligible for the refund if they apply to 10 jobs, network with 10 professionals and post at least 5 GitHub contributions to their public GitHub profile per week, for 46 of the 52 weeks within a year.