u/InTheDarkDancing wrote (the comment Michael replied to):
> but basically any good outcomes report should tell you how every single number is calculated and word is defined. Always, always, always read outcomes reports critically. Well CIRR is basically Codesmith advertisement at this point so I'll address this point from that perspect
u/michaelnovati replied · · edited ★ FEATURED
I feel like a lot of people don't read CIRRs actual spec word for word. CIRR doesn't require audited results before reporting. They required you to audit your reports once a year after they are submitted. I assume most people audit them before, but let's not throw the word "audit" out there like it's a gold standard. FTX was "audited" as well.
The CIRR spec also makes you promise to only use specific numbers in marketing, and those numbers are maneuvered to look in the best light possible, like the placement rate within 180 days of graduating. BloomTech has a 90% placement rate, but around a 50% graduation rate. One of those numbers is in giant letters all over the place - but it's manipulatable. (EDIT: BloomTech is not in CIRR, but I'm stating an analogous point based on their audited results. And it's not in giant letters, but it's in their main banner on their homepage.)
Codesmith uses the Fellow program to add 3 months to people's job hunting clocks. I don't want to disclose any sources, which limits the credibility of this point, but people are noticing more and more "fellows" being hired, like around 8 per cohort instead of 3, like during 2021.
EDIT: this is not meant to be a criticism of Codesmith. They aren't a charity, they are a company, and it's extremely irrational for them to not try to make their company succeed and they are trying to have a positive impact on people while doing it.