u/Nsevedge wrote (the comment Michael replied to):
The industry needs a correction to focus on great education and a promise to support students - not % of outcomes. Similar to universities. Everyone was trained to think that they can have a % of guaranteed success when that's simply not how the world works. It's a bummer becau
u/michaelnovati replied · ★ FEATURED
+1 to the industry needs to stop focusing on outcomes. I push the arguments for this a lot and often and get tremendous pushback from the Codesmith alumni and staff (including a leader that pushed back publicly).
Bootcamps shouldn't be 12 weeks and they shouldn't be about getting jobs only. Those types of bootcamps are done and over with.
They should be about the quality of the experience and education and about marketing to the right people that they think their program will work for.
It's why I push back on CIRR trying to force bootcamps into joining it by asking students to demand CIRR outcomes.
It's not 2021 and people focused on outcomes only are joining bootcamps for the wrong reasons - whether it ends up working or not.
In terms of ISAs though I just think you have to think of it as a loan nothing more. You have 3 options:
1. pay $X upfront
2. pay $Y a month for 4 years on a normal loan and pay $X + a few thousand in interest
3. don't pay anyhting until 12 months from now and if you have a job, and if you do pay $Z per month for 4 years up to $A and it ends up being $X + more interest than #2 but not thaaat much more.