Sure, but Lambda got sued for misrepresenting material facts about the deal to their students. I don't think this lawsuit (or Lambda's actions) invalidates the idea GP presented.

I don’t disagree, I was just responding to the person who asked what had happened to Lambda :)

Yikes! Well this seems like a place where colleges are socialized better: we all know that getting a college degree, especially certain degrees, are no indicator of employability.