u/DriftingNitro wrote (the comment Michael replied to):
There will always be a margin of error, and the pool of people they can follow up with are likely the only people who opted to answer their calls after graduating. If CIRR is fabricating numbers I'd like to see some hard evidence of that, otherwise I'll have to consider conjectu
u/michaelnovati replied · ★ FEATURED
Hi, you can trust that CIRR numbers are what they are because the auditing process makes sure the numbers are recording and calculated correctly. But the standard itself was written by Bootcamp marking people to promote bootcamps and it's not legally sound paperwork. For example, there's not description of how salaries are collected, other than they are base salaries, but no description of evidence needed or mechanics of it.
They also have a worksheet with formulas in it that are not explained in the specification clearly, which leads to errors. Codesmith's auditors files the wrong numbers and had to issue a correction!
Some data came out from a Codesmith grad that showed 70 recent placements and the people's starting salary. The median starting salary BEFORE CODESMITH was 70K+ and 20% of people were making 90K+. So the target audience is not the same as programs that have people making those salaries WHEN THEY LEAVE.
The TLDR is that CIRR is better than nothing , but it should be one of many starting points to make a short list of programs, and then you should evaluate programs without looking at CIRR any further.