This is an interesting business model. I like it, but am interested to see how you will commit people to paying you $100/month for the next 5 years unless structuring it as a loan (which has it's own headaches)
For those interested in something similar, my understanding is that Code Academy (Different than YC startup codecademy) http://codeacademy.org in Chicago is phenomenal. I met a bunch of their students at the HN meetup in Chicago last week and they were raving about it. From what I understand, the 35 folks in their current batch are going to have multiple job offers, and DHH is a huge supporter, so much so that he's taught a class.
For those interested in something similar, my understanding is that Code Academy (Different than YC startup codecademy) http://codeacademy.org in Chicago is phenomenal. I met a bunch of their students at the HN meetup in Chicago last week and they were raving about it. From what I understand, the 35 folks in their current batch are going to have multiple job offers, and DHH is a huge supporter, so much so that he's taught a class.