<story><title>Flatiron School settles for operating without license, employment/salary claims</title><url>https://ag.ny.gov/press-release/ag-schneiderman-announces-375000-settlement-flatiron-computer-coding-school-operating</url></story><parent_chain><item><author>segmondy</author><text>58% of classroom graduates making $74,447 average seems better than most universities out there.  Too bad they had to lie about it.</text></item><item><author>jefftk</author><text>&amp;quot;Between January and June 2017, Flatiron claimed that 98.5% of its students received employment less than 180 days after graduation and that Flatiron graduates had an average salary of $74,447. However, Flatiron did not disclose clearly and conspicuously that the 98.5% employment rate included not only full time salaried employees but also apprentices, contract employees and self-employed freelance workers, some who were employed for less than twelve weeks. Similarly, Flatiron failed to clearly and conspicuously disclose that its $74,447 average salary claim included full time employed graduates only, which represent only 58% of classroom graduates and 39% of online graduates.&amp;quot;&lt;p&gt;Good to crack down on this.&lt;p&gt;&amp;quot;In order to obtain a SED license, a non-degree granting career school must meet a number of criteria, including using an approved curriculum and employing a licensed director and teachers.&amp;quot;&lt;p&gt;This is worrying.  Part of why these bootcamps have been a valuable addition is that they&amp;#x27;ve been able to use their own curricula and train their own teachers.</text></item></parent_chain><comment><author>brudgers</author><text>A general practice of many coding bootcamps is making admissions selections in part based on the likelihood of career (as opposed to academic) success. There is a degree of &amp;quot;would I like to have a beer with this person&amp;quot; in the application process which is absent from traditional academic institutions like &amp;#x27;Old State U.&amp;#x27;&lt;p&gt;One of the operating models of bootcamps is as a recruiter for tech companies. In addition to tuition from students, the bootcamp receives a fee from employers when graduates are hired. This provides incentives bootcamps to encourage students to take jobs as apprentices. And whether a student has the financial resources to take on an apprentice role can also factor into admission selection.</text></comment>
<story><title>Flatiron School settles for operating without license, employment/salary claims</title><url>https://ag.ny.gov/press-release/ag-schneiderman-announces-375000-settlement-flatiron-computer-coding-school-operating</url></story><parent_chain><item><author>segmondy</author><text>58% of classroom graduates making $74,447 average seems better than most universities out there.  Too bad they had to lie about it.</text></item><item><author>jefftk</author><text>&amp;quot;Between January and June 2017, Flatiron claimed that 98.5% of its students received employment less than 180 days after graduation and that Flatiron graduates had an average salary of $74,447. However, Flatiron did not disclose clearly and conspicuously that the 98.5% employment rate included not only full time salaried employees but also apprentices, contract employees and self-employed freelance workers, some who were employed for less than twelve weeks. Similarly, Flatiron failed to clearly and conspicuously disclose that its $74,447 average salary claim included full time employed graduates only, which represent only 58% of classroom graduates and 39% of online graduates.&amp;quot;&lt;p&gt;Good to crack down on this.&lt;p&gt;&amp;quot;In order to obtain a SED license, a non-degree granting career school must meet a number of criteria, including using an approved curriculum and employing a licensed director and teachers.&amp;quot;&lt;p&gt;This is worrying.  Part of why these bootcamps have been a valuable addition is that they&amp;#x27;ve been able to use their own curricula and train their own teachers.</text></item></parent_chain><comment><author>learc83</author><text>Their acceptance rate is much lower than all but the very top tier schools. Plus the students are a good bit older on average, they have more work experience, and most of them already have degrees.</text></comment>