Dive Brief:
- A new study authored by Course Report reveals surprising data about the economic and social benefits of the emerging for-profit training model.
- According to the study, more than 70% of bootcamp graduates report holding employment requiring use of the skills learned in the bootcamp, and more than 60% have received salary increases as a result of their completion.
- Women comprise more than 40% of the national bootcamp student profile, and African-Americans who complete coding bootcamps are the highest earners and most likely to be employed at a tech company.
Dive Insight:
It is easy to see why the federal government is becoming increasingly fixated on partnerships with for-profit coding companies, as their outcomes present strong cases in gender and racial equity, earnings, and upward social mobility.
As private lenders invest more in the students seeking credentials from these institutions, and other studies affirm their success in getting graduates jobs, colleges stand to be completely left behind in an entire industrial discipline.
