A while ago, someone wrote to Systers (a highly activated women in CS e-mail list) the following, which is highly accurate:
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What a great business model Grace Hopper Academy has.
First, you find women who are very smart and highly motivated. You make sure they are highly motivated by making them take the first part of the course online. (Massive Open Online Courses have a completion rate of 10%, and the vast majority people finishing them already have a Bachelor's degree). The cost to run the online course is very cheap, and now you are guaranteed to have easy students only.
You then teach these easy students Javascript stuff for one semester. (13 weeks).
Then you take 22.5% of their year's paycheck once they have a nice job -- and they will have a nice job because they are very smart and motivated. If they make $70,000, that's $15,750 a pop.
A state university education in Ohio is $12,000 for 15 weeks by the way. Other bootcamps range from free to $21000 with median around $8000. (Grace Hopper Academy is not the only one to get tuition paid via a cut of your pay after graduation either). http://www.skilledup.com/articles/the-ultimate-guide-to-codi...
The Dean of Grace Hopper Academy has no academic credentials listed whatsoever, nor is there any information about the instructors. Do they have academic credentials? Do they have industry experience and teaching experience? Do they have names? Are any of them female?
Buyer beware.
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PS: The exact link to the discussion is somewhere in the Systers archive..
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What a great business model Grace Hopper Academy has.
First, you find women who are very smart and highly motivated. You make sure they are highly motivated by making them take the first part of the course online. (Massive Open Online Courses have a completion rate of 10%, and the vast majority people finishing them already have a Bachelor's degree). The cost to run the online course is very cheap, and now you are guaranteed to have easy students only.
You then teach these easy students Javascript stuff for one semester. (13 weeks).
Then you take 22.5% of their year's paycheck once they have a nice job -- and they will have a nice job because they are very smart and motivated. If they make $70,000, that's $15,750 a pop.
A state university education in Ohio is $12,000 for 15 weeks by the way. Other bootcamps range from free to $21000 with median around $8000. (Grace Hopper Academy is not the only one to get tuition paid via a cut of your pay after graduation either). http://www.skilledup.com/articles/the-ultimate-guide-to-codi...
The Dean of Grace Hopper Academy has no academic credentials listed whatsoever, nor is there any information about the instructors. Do they have academic credentials? Do they have industry experience and teaching experience? Do they have names? Are any of them female?
Buyer beware.
---
PS: The exact link to the discussion is somewhere in the Systers archive..