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Has anyone gone through the refund process for TripleTen

8 of Michael's comments in this thread · View thread on Reddit ↗

u/michaelnovati replied ·
Do you have a sense of how many people you started with also graduated and roughly what percentage got jobs?

u/KlutchSama wrote (the comment Michael replied to):

maybe about 20 other people. no clue how the others are doing. Data science bootcamps are a scam 100% unless you have a heavy math/programming background. I would assume a low percentage actually got jobs.

u/michaelnovati replied ·
They just published this a few weeks ago saying 82% of people got tech jobs within 6 months: [https://tripleten.com/usa-documents/outcomes/Outcomes\_Report\_2025.pdf](https://tripleten.com/usa-documents/outcomes/Outcomes_Report_2025.pdf) But the denominator only includes people with jobs + people who got money back guarantees, so people who do not complete or do not meet money back requirements aren't included. So 18% presumably got their money back. So whatever someone estimates the actual placement rate to be based on number of initially enrolled, you can figure out roughly how many people started, didn't finish and didn't get any money back.

u/KlutchSama wrote (the comment Michael replied to):

Those stats also include QA and Data Analyst students. Those programs are much easier and you're definitely more likely to find a job from those programs. Data Science positions 95% of the time require a Masters/PHD. Companies aren't hiring programmers out of boot camps as often

u/michaelnovati replied · DELETED · archived copy
Yeah sorry for the tangent

u/Nervous-Career2997 wrote (the comment Michael replied to):

Wondering the same thing. Finishing up the job search for Software Engineering with 0 hope of finding a job. Have heard from others it is VERY hard to get money back from Tripleten. Hoping it's not a nightmare - honestly considering a lawsuit against this bootcamp. They take

u/michaelnovati replied ·
[https://www.tiktok.com/@comedycentral/video/7018617892316908806?lang=en](https://www.tiktok.com/@comedycentral/video/7018617892316908806?lang=en)

u/Nervous-Career2997 wrote (the comment Michael replied to):

Wondering the same thing. Finishing up the job search for Software Engineering with 0 hope of finding a job. Have heard from others it is VERY hard to get money back from Tripleten. Hoping it's not a nightmare - honestly considering a lawsuit against this bootcamp. They take

u/michaelnovati replied ·
How many people do you think are going to try to get their money back? And does TripleTen have the cash to refund everyone without going bankrupt? Let's say you paid $8,000 upfront and used up $2,000 of resources and want an $8,000 refund at the end, but they only have $6,000 in the bank. They have to get that $2,000 from someone else who paid $8,000 and isn't getting a refund. So In this example one successful person would cover refunds for 3 unsuccessful people, just to break even. Let's say everyone got 30% off discount codes, $500 went to the referee, and the additional CAC was $1,000 per prson. $8,000 -> $5,600 - $1000 - $500 - $2000 COGS = $2,100 profit per person And the profile itself is $4100, so in this model it takes two successful people to pay back one refund. I don't know what their numbers are or what their success rates are but the point is there is some threshold of refunds that will bankrupt them. I noticed in their find print they have the ability to extend the job hunt window by 5 months or something like that - which I highly suspect is there to give them time to try to get the cash needed to refund you if they don't have it on hand. So you have to keep doing all of you diligent checklist every week for longer to qualify for the refund.

u/KlutchSama wrote (the comment Michael replied to):

From what I was told by my coach, I'm the one who has the opportunity to increase the window if I want. Refunds are not going to be common based on the amount of people that quit or pay and don't take the program/job search seriously. You need to meet some pretty strict criteria

u/michaelnovati replied ·
Interesting because their public data only includes people refund eligible 6 months post graduation in the denominator of placement stats. So if like 80% of people just drop out or don't graduate the placement rate isn't 80% but like 20%... And the unit economics definitely work if people pay and disappear and don't get refunds

u/Defiant-Strength-981 wrote (the comment Michael replied to):

I am not sure, currently I enrolled in Triple ten and I should say that before I signed up for the course I was promised that I will have 24/7 Supprt 1:1 call if I feel stuck with my project and couch who will be there for me if any issue I face during my course. I had issue to s

u/michaelnovati replied ·
When something looks too good to be true... read the fine print and don't trust the marketing.

u/E_Kubrick wrote (the comment Michael replied to):

Me diejron que el 86% consiguen trabajo como junior de dartos.

u/michaelnovati replied ·
That's not 86% of people who start. That's 86% of people who graduated and then responded to a survey about their placement that got jobs within 6 months of graduating.