Yes, that's my exact concern. The good ones will do well for a while until the bad ones get better at marketing. As they get better at marketing, more dollars

Yes, that's my exact concern. The good ones will do well for a while until the bad ones get better at marketing. As they get better at marketing, more dollars will go to them and draw people who don't have the aptitude to be successful in the field. Then those people will - rightfully! - be pissed when they don't get $100k+ jobs and demand that "something be done about this!" And then the good schools will get screwed. I'd rather see a salary-based payback program where a candidate pays back X% over the next N years, up to $Y. That might motivate the schools to help in placement and encourage them to teach how to stay relevant beyond the JS framework of the week.