It’s been a rough month for coding bootcamps. Both Dev Bootcamp and Washington, D.C.’s The Iron Yard announced plans to close down.
As our sister site in Philadelphia wrote:
Both decisions were ultimately fueled by a rough climate in the coding education space. As more and more dev bootcamps popped up across the country, the supply of baseline talent increased, making it harder for fresh grads to immediately land jobs in tech. It’s part of what the San Francisco Chronicle is calling a “time of transition in the coding camp industry.”
The Flatiron School, one of the nation’s top coding schools just released its annual jobs report, though, so we thought we’d dig in to see the numbers that pop out:
- 99% of students graduated last year
- 97% of students got jobs within six months
- 4% accepted job offers before the program was over
- 30% accepted jobs within 30 days of graduation
- 52% of job offers were for full-time roles, 45% were for contractor, intern, or apprenticeship roles
- Average salary for the full-time workers was $75,997, average wage for the contractors and interns was $28/hr.
- More than 30% of the students in the program were not included in the numbers, as they were deemed to be not actively looking for work or hadn’t completed a “job-search cycle”
- The gender breakdown of the program was 65% men to 35% women
- Average tuition for those not on scholarships was $14,758
- 26% of students were there on full scholarships
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