u/ericswc wrote (the comment Michael replied to):
Oh I agree. Someday I should post the story of CIRR’s formation. I was at the event with a bunch of the other popular Bootcamps. I was advocating for much stricter reporting requirements because we were legitimately doing great. The consensus watered it down significantly. I alm
u/michaelnovati replied ·
I've heard some bits and pieces too. One interesting observation is that the founding company happens to provide bootcamp loans to students and has an interest in getting standardized data from schools across the board to understand the risk and the math for all their loans. Without any data, I suspect it's hard for them to get banks and investors to back them right.