u/starraven wrote (the comment Michael replied to):
It says paid job not graduation? What am I missing?
u/michaelnovati replied · · edited
The job guarantee kicks in once you graduate, if you meet certain requirements. So if you don't graduate, which it seems like most people don't, you don't get any money back.
Bloom Tech has moved in this direction as well. They quote the amazing placement rate amongst graduates, but the rate is amazing because they make it very hard to graduate. Meeting the criteria to graduate is an arduous journey and self selects for those who are likely to get jobs. The people lost along the way pay reduced refund rates and cut their losses or blame themselves for not being able to make it.