u/michaelnovati replied · · edited ★ FEATURED
Stats are real but there's more to the stats. For example, CIRR doesn't include equity and bonuses which means the numbers are actually only equal to or HIGHER than in the reports.
The key thing here is "median", i.e. the 50th percentile.
20% of people make under $110K and 20% of people make over $140K.
An “average" is most useful when you have a normal distribution and this data certainly is not. A “median”, which is used often for data sets to remove the influence of outliers, is, but it loses a lot of information in the calculating. Let’s say one bootcamp has 3 alumni with salaries 0, 100, 200, and the other 100, 100, 100. Same median, same average, completely different stories.
Which is why you have have to look at the outcomes for people who are starting with a background like yourself.
It's very likely that people with zero experience and a few months of CSX before joining are in the < $110K bucket. And it's very likely people with years of tangential engineering experience, CS degrees, and maybe even real experience are in the $140K bucket.
Would be nice if they broke that up but they haven't been as transparent about that when asked as they are about their CIRR results.