u/ZeroPointHorizon wrote (the comment Michael replied to):
I graduated from Codesmith back in the early summer of 2023. No Stem Background. No 4 year degree. Applied to about 1k jobs. Used a few tools to apply to another 1k. Only had about 5 interviews. It was tough. After about 3 months of no success, I did some coding for some friend
u/michaelnovati replied · ★ FEATURED
What you said here to me is that the people attending Codesmith are awesome. The people graduating are self-organizing to run standups and encouraging each other in the job hunt.
That's all fantastic stuff but is it what you are paying $21K for? Imagine a random person added all those same people to a Discord and they all had self studied and were supporting each other just the same.
Similar arguments are made about going to Harvard Business School - you go to meet the people, not to learn anything special, so it quite frankly might be worth the cost.
I talk to a lot of alumni, and the lowest ballpark I've heard is 30% placed in a year, and the highest is what you just said at 75%.
Given that they had about 1000 students START in 2022, and 550ish offers in 2023, that sounds like a 50ish% placement rate within a year - maybe higher on CIRR because they reduce the number of people in the denominator as much as possible.
But that's a heck of a lot lower than 80ish percent in 6 months like 2021/ealier in 2022
And whatever Codesmith does it can't change the market, and unless you HAVE to go to a bootcamp RIGHT NOW, then it's completely rational for people to wait.
Codesmith aside, they claim to have submitted CIRR reports like a month or longer ago, CIRR is dropping the ball and falling apart, and Codesmith keeps telling us they will publish them soon, so clearly the bootcamp industry is falling apart too and encouraging people to go to the best option of a sinking industry because it's the best, isn't great advice.