Silicon Valley is racing ahead with its own alternative to college, and new research suggests that graduates are out-earning some of their diploma-wielding peers. So-called “coding bootcamps” are a cottage industry of fast-track private vocational schools for graduates looking to enter the competitive tech industry as software engineers, data scientists, and other in-demand jobs. Many graduates hold college majors notorious for slim earnings potential (like English majors), and are now fully employed in the tech industry making a lot more money.
English majors earn $33,000 more after graduation (Engineering majors earn $3,000 more, by reference). Many have no prior coding experience at all to attending the intensive programs, which average 10 weeks long and cost about $9,000 (though, they can last much longer and cost twice as much).
Source: Course Report
For a few years, there wasn’t much data on whether these schools could reliably place graduates at top-tier tech companies, or with some high-paying job in the field. For the second year in a row, an industry study from bootcamp review site, Course Report, finds that graduates snag a much higher salary ($18,000 more on average) and have better prospects for full-time employment (from 53% to 63%)....MOREHuge caveat:
Course Reports should be taken with caution: these students are a motivated, self-selected group of students who want to change careers and put themselves through additional schooling primarily for entering a competitive field with high-earning potential....Roger that.