111–120 of 306 posts
Good. The idea and intention behind bootcamps is a good one but the current implementation is suspiciously like university of phoenix.
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The bubble is credentialed post-secondary schools and the 1.3 trillion dollar student debt crisis. Just like the credentialed schools, there's a wide variety in quality and outcomes, but I think it's pretty clear they're doing better on ROI (and at least people aren't going into decades of debt for them en masse). > "If the school failed to survive, does it affect the survival of its graduates? Is this going to have…
Federal loans (90% of all loans) come with income based repayment plans that charge 10% of your disposable income and are cancelled after 20 years if you don't pay it off. The income based repayment plans are also retroactively available to all Federal borrowers. It's not actually as big of a problem as it sounds.
Just imagine the US real estate bubble a decade ago if housing loans worked in such a fashion! The perverse incentives alone are enough to cause severe harm.
Shereef Bishay sold out his staff and sold out his mission and he's going to the do the same to his staff at Learner's Guild in Oakland! He sold it off to Kaplan for 80M and his staff (with equity) got nothing!!! I interviewed for a role at Dev bootcamp in 2016 and got an odd feeling from the place and the woman who interviewed me. She took several months to get back to me after I followed up multiple times and wow a…
Hey, what you're saying about me is not true. Please don't do that. Seriously, it hurts.
I'm sure you made out with money but that doesn't mean you sold out the mission. This person is just upset they didn't get a job at what was an awesome institution.
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Gee, $40k per year? But with huge return on investment in education? Why don't we give people loans, and tie them to their future income? I smell a business opportunity.
Haha. Yeah I'm the founder of https://lambdaschool.com/computer-science - a computer science academy that's free up-front and takes a percentage of salary for two years after you get a job. The side benefit of this model instead of a loan is that if, by chance, you don't get a job in software engineering, you never pay anything . It shifts the risk from the students to the school, which is IMO how it should be. Also…
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My youngest brother went through Dev Bootcamp in 2012. He had graduated from a top 30 university but wasn't able to find a great job and had been doing some part time, low skill work. DBC literally changed his life. Post graduation he immediately got a job at a dev shop as a programmer, and now 5 years later is a great developer gainfully employed in Silicon Valley. Not sure why you would shit on the grave of a progr…
I think the comment is really about bootcamps in general. Some people will succeed in development. Many won't. I received very little formal education, mostly self-taught, and I've been very successful. Put me in a bootcamp, I'd likely thrive there as well. I suspect your brother had a knack, and just needed a little direction. Most criticism is focused at the false promise bootcamps provide. Many grads are barely qu…
Instead of hiring bootcamp grads - which push grads to aim for salaries north of 70k - it would make sense for companies to recruit self tought programmers with an aptitude towards tech. By self tought I am not referring to child prodigies, but anyone who can complete the equivalent of freeCodeCamp.org's front end certificate. Such programmers would be happy to get a starting salary of 30k, and have the opportunity to get their feet wet.
It all boils down to networking. Universities are a form of networking by signalling to society who are the best and the brightest. IMHO, bootcamps can be viewed in the same light. If companies and potential hires weren't lazy and instead got involved in plain old networking, there would be less of a need for Bootcamps/Universities. Maybe due to the lack of community, companies must resort to other means in order to filter applicants.
Top tier boot camps are essentially 12 week long interviews that the interviewee pays for. It's a great business model for those top tier boot camps, but there's a limited number of students who can make it through, pay for it, and take time off to do it. It's just not that scaleable.
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Haha. Yeah I'm the founder of https://lambdaschool.com/computer-science - a computer science academy that's free up-front and takes a percentage of salary for two years after you get a job. The side benefit of this model instead of a loan is that if, by chance, you don't get a job in software engineering, you never pay anything . It shifts the risk from the students to the school, which is IMO how it should be. Also…
Hmm, I was under the impression that these kind of salary percentage schemes weren't legal? (Mostly just because I've never seen one before.)
I find bootcamps to be an interesting industry. The general perception is that they're learning institutions, but that couldn't be further from the truth. In reality, bootcamps are technical recruitment agencies. Companies are realizing that smart, motivated people with no CS degree can still oftentimes excel in the majority of positions (primarily app development.) The problem is finding those people. Bootcamps have…
Just want to point out that the founders ~peaced~ left 3 years ago. Kaplan has been running the program over the past few years.
What does this mean?