3 ms·

One positive about this: Capella is an accredited school, meaning that there may be a way to allow Hackbright students to take out government backed student loa

by kaikai 11y ago

One positive about this: Capella is an accredited school, meaning that there may be a way to allow Hackbright students to take out government backed student loans for the program, or even get Pell grants. Many students currently rely on outside loans, and would benefit from lower interest rates and grants. The cynics among us will of course acknowledge that that makes it much easier for Capella/Hackbright to make more money.

douche 11y ago
This may be an incorrect association, but Capella is lumped into the same grouping in my mind with Kaplan, DeVry, University of Phoenix - maybe not total degree mills, but the kind of places that have late-night commercials on Adult Swim... So I'm not sure it's a real credibility boost.
- kaikai 11y ago
  It's definitely a credibility hit, and those are the kinds of companies I associate with Capella, too. I believe Hackbright turned down an offer from Kaplan, which went on to buy DevBootcamp. Despite their predatory practices, however, the government has given them a seal of approval on which Hackbright can now hitch a ride. That makes Hackbright more accessible to folks without the resources to pay 15k+ and spend at least 3 months without a job in one of the most expensive regions in the US. That's huge, because of Hackbright's commitment to taking in students with a variety of backgrounds, races, and economic statuses (no word on how that will be affected by a corporate buy-out). Student loans are of course their own kind of mess; there's income-based repayment, less stigma, and even forgiveness, but it's also harder to get out of through things like bankruptcy.
cbd1984 11y ago
"The cynics among us will of course acknowledge that that makes it much easier for Capella/Hackbright to make more money." Especially with people like you spamming for them.

3 ms·

One positive about this: Capella is an accredited school, meaning that there may be a way to allow Hackbright students to take out government backed student loa

by kaikai 11y ago

douche 11y ago
This may be an incorrect association, but Capella is lumped into the same grouping in my mind with Kaplan, DeVry, University of Phoenix - maybe not total degree mills, but the kind of places that have late-night commercials on Adult Swim... So I'm not sure it's a real credibility boost.
- kaikai 11y ago
  It's definitely a credibility hit, and those are the kinds of companies I associate with Capella, too. I believe Hackbright turned down an offer from Kaplan, which went on to buy DevBootcamp. Despite their predatory practices, however, the government has given them a seal of approval on which Hackbright can now hitch a ride. That makes Hackbright more accessible to folks without the resources to pay 15k+ and spend at least 3 months without a job in one of the most expensive regions in the US. That's huge, because of Hackbright's commitment to taking in students with a variety of backgrounds, races, and economic statuses (no word on how that will be affected by a corporate buy-out). Student loans are of course their own kind of mess; there's income-based repayment, less stigma, and even forgiveness, but it's also harder to get out of through things like bankruptcy.
cbd1984 11y ago
"The cynics among us will of course acknowledge that that makes it much easier for Capella/Hackbright to make more money." Especially with people like you spamming for them.