u/devslopesacademy wrote (the comment Michael replied to):
You have to be careful sometimes with bootcamps preaching their graduation and employment rates, often times it can be unreliable data. Also ISA agreements are a trap you do not want to get into. They seem very promising at a glance, but underneath the fine print they can screw y
u/michaelnovati replied ·
ISAs aren't a trap but you have to read the fine print and understand them yeah.
Nothing in life is free, so the way to think about it is a deferred loan that you pay back when you have income to pay it, rather than having to pay it back no matter what. And for that benefit they tend to have higher effective interest rates than normal loans.
Don't do an ISA thinking you won't pay anything back if the program doesn't work, do it if you have no income and want to defer all payments until you have some income of some kind.