u/Plane-Will-7795 wrote (the comment Michael replied to):
So they shouldn’t try to land a better job because it’ll cost them $25k?
u/michaelnovati replied ·
One of the best bootcamps has like a 40% placement rate within 6 months of graduating and many people are spending that time full time preparing.
So it will cost $22.5K tuition + $25K opportunity cost but another 6 months of lower income, and even then you aren't likely to get a job.
Then you look at who the 40% is and most of the people have adjacent degrees or work experience (e.g. mechanical eng, data eng, analysts, accountants).
So yeah it's a lot more expensive and a non trivial 50/50 chance you're going to lose $50K