u/webdev-dreamer wrote (the comment Michael replied to):
had no idea lol, but just checked it out, and $22K price tag is wild for todays job market prospects i guess that was their price back then when it would've have been a justifiable investment? And they can't drastically reduce the price now? tbh, when I was thinking about this
u/michaelnovati replied · · edited ★ FEATURED
Well the strategy isn't even working for $22K though. Tanking outcomes.
In 2021, about 90% of people placed within 6 months of graduating, in 2023 it's like 40%. In 2024 only Codesmith knows and they aren't telling us anything other than saying that 70% of their grads get jobs within a year.
40% in six months is not bad, but that's a massive collapse and this model doesn't work anymore.
Companies caught on and a 3 week project can be vibecoded in an hour now and companies don't care.