|
|
|
|
|
|
by mrborgen
3720 days ago
|
|
|
I like this idea. If properly executed, it'll give people a whole new type of liquidity. I see the App Academy's model (free bootcamp, but takes recruitment fee from companies who hire their graduates) as a very early prototype for this kind of model. |
|
|
There are several bootcamps that operate under this model already as you mentioned. Another that comes to mind is Grace Hopper Academy.
We believe, as you pointed out, the liquidity aspect for the student will allow for freedom unforeseen with a traditional student loan.
This type of financing may be suboptimal for someone with a very rigidly defined career path (e.g. an accountant), but could serve to be instrumental for anyone with higher variance in their career (entrepreneur, first X employee of a startup, etc.).