Reading the headline I was like WTF that sounds like government run a muck. Then I got to this part...
"The programs typically last 10 to 12 weeks. Potential recruits are often told that they have a shot at a job or internship at a competitive tech company like Facebook or Google. Tuition costs vary widely. At Hackbright Academy, it’s $15,000 for a 10 week program. Full scholarships are available, and students who land a job at a company in the Hackbright network can request a partial refund. At Hack Reactor, where tuition costs over $17,000, 99 percent of students are offered a job at companies like Adobe and Google. The average salary is over six figures, Phillips told me."
To sum up these companies are charging a lot of money (more than college tuition) while at the same time advertising extraordinary results "99% job placement" with the likes of Google and Adobe. I'm guessing that some of them are making false advertising claims with respect to the chances of landing a job and that is why there is scrutiny here. There was a similar case with cooking schools not long ago also in CA[0] After reading that paragraph I'm a lot more skeptical of these companies.
"The programs typically last 10 to 12 weeks. Potential recruits are often told that they have a shot at a job or internship at a competitive tech company like Facebook or Google. Tuition costs vary widely. At Hackbright Academy, it’s $15,000 for a 10 week program. Full scholarships are available, and students who land a job at a company in the Hackbright network can request a partial refund. At Hack Reactor, where tuition costs over $17,000, 99 percent of students are offered a job at companies like Adobe and Google. The average salary is over six figures, Phillips told me."
To sum up these companies are charging a lot of money (more than college tuition) while at the same time advertising extraordinary results "99% job placement" with the likes of Google and Adobe. I'm guessing that some of them are making false advertising claims with respect to the chances of landing a job and that is why there is scrutiny here. There was a similar case with cooking schools not long ago also in CA[0] After reading that paragraph I'm a lot more skeptical of these companies.
http://www.huffingtonpost.com/2011/09/06/culinary-school-gra...