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For advertising no up front costs, 22.5% of first year salary upon graduation spread over 12 months is a pretty aggressive payment plan. At 100k that's over $18

For advertising no up front costs, 22.5% of first year salary upon graduation spread over 12 months is a pretty aggressive payment plan. At 100k that's over $1800/month. It could be a good deal for someone that's still increasing their monthly take home though. It'd be interesting if the payments were structured so that they were made by the hiring company, bringing the developer on with a reduced salary (or not) for the first year... or if they could be taken care of pre-tax. Not sure about the feasibility of those approaches.

giaour 11y ago
Those terms end up collecting far more than coding bootcamps normally charge, so one of two things is going on. The first possibility is that the academy either believes that many of its graduates will not find high paying jobs and that they therefore need to recoup lost costs from those graduates that do find work. The second is that they're looking to exploit their potential recruits' present poverty by charging them far more in future dollars than anyone would pay in present dollars. Neither option reflects well on the people who run this bootcamp.