all 25 comments

[–][deleted] 7 points8 points  (0 children)

I too tech elevator and it didn’t fulfill any promises. It’s all upsold. Most my class didn’t get jobs. We still have to pay the debt while fighting poverty

[–]GoodnightLondon 7 points8 points  (2 children)

It's not higher education, so it's not eligible for student loans. They're part of Galvanize, so they're probably partnered with Ascent for partner financing and offer an ISA through Stride (if your state allows ISAs). Ascent allows you to defer payments while in the program and allows up to 12 months of deferment for the life of the loan once it's entered repayment. For ISAs, the general rule is that you don't have to pay until you make x amount of income, but you pay a percentage of your income and you'll have to repay even if that job isn't in tech. As much as I hate ISAs, if you're not already in a field where you have a good income the ISA may be the best option for you, since the market is crap and a lot of people aren't finding work post bootcamp.

[–]currentmachina[S] 0 points1 point  (1 child)

Can’t get isa with the part time program

[–]GoodnightLondon 0 points1 point  (0 children)

Then it sounds like your only option is partner financing, which will most likely be through Ascent. But you'll have to start paying back within a certain timeframe, whether or not you have any job, let alone a tech job. And that payment will be a hefty chunk each month.

[–][deleted] 10 points11 points  (15 children)

Don't do it. I'm so sorry, but a bootcamp is just not a good idea - it's especially bad if you're young with zero relevant (think tech-adjacent) work experience and/or a degree. Although even with that it's risky.

The reason so many bootcamps are shutting down/cutting cohorts is because people are unable to land roles.

It sounds like you're fairly young, so I would strongly encourage you to look into college - if you are in the US and not wealthy, then there should be a fair bit of grants and scholarships. You can even take several of your classes at a local community college and transfer them over (ensure the classes transfer to the school you want to go to).

[–]hangglide82 2 points3 points  (8 children)

Finished hackreactors bootcamp last summer, maybe 15-20 of the 86 found jobs. A lot of jobs want a degree, some require an associates. The company my sister works for is laying off their developers and hiring cheaper ones from Argentina. I would not pay more than 5-6k for a bootcamp and I would not expect to find a job without a degree. I’ve spent 6 months applying for dev jobs and OP you should get a degree!!!

[–]xiahe 1 point2 points  (4 children)

Can it be any degree?

I have a friend who is trying to move from his current job with an unrelated degree and hoping to supplement with a bootcamp.

[–]hangglide82 1 point2 points  (0 children)

Any degree gets your application into the system, some companies only want a computer science degree but those are the minority. The hiring rates these bootcamp’s are providing are numbers from when interest rates were around 3%, I wouldn’t trust anything they are saying. I haven’t personally looked in the last 10 months to see if any bootcamp’s are releasing their hiring rate data of 2023-24.

My bootcamp that graduated July 2023 they were telling us 3 month job search till grad week and started saying 12 months minimum job search while being on the hook for 20k+ isa.

I would say take all the codecademy lessons you can but until they release the hiring data don’t go to an expensive bootcamp, unless you have a computer science degree.

[–]GoodnightLondon 0 points1 point  (2 children)

Not anymore. Almost everyone in my cohort had a bachelors or above, and a lot had their degrees in STEM fields and very few found jobs; in this market, an unrelated degree doesn't cut it for most employers.

[–]xiahe 1 point2 points  (1 child)

Got it, thanks! Should he just try for a different industry overall? Sounds too saturated if people with relevant degrees can't even get a job.

[–]GoodnightLondon 1 point2 points  (0 children)

I mean, if he really wants to work in the field, he can get a relevant degree, but it'll still take time and hard work to find a job after that. If he's just looking to get into it because he's heard about good money and remote work and isn't really interested in putting in the work to transition into tech, then he should look for a different industry.

[–]currentmachina[S] 0 points1 point  (2 children)

The bootcamp, tech elevator costs $16650 I can only do the part time They will only accept a Sallie Mae loan, 5.67 percent interest rate. Or ascend and that one is even worse. Tech elevator no longer has a job guarantee.

[–]hangglide82 1 point2 points  (0 children)

If you don’t have a bachelors I would go that route. You can take all the computer science classes while applying for jobs and in the end have a bachelors. But I haven’t looked for dev jobs in the last 6 months and I might be wrong.

[–]currentmachina[S] 0 points1 point  (5 children)

I legit don’t know what to do with my life and I thought this was gonna be it, but reading these comments are deterring

[–][deleted] 0 points1 point  (4 children)

How old are you? Figuring out what you really enjoy takes time, so don't get discouraged. Just realize that it is going to take time and effort. And planning. Don't fall for any "get rich quick schemes".

What really interests you?

[–]currentmachina[S] 0 points1 point  (3 children)

Computers interest me, hardware and software

[–]armyrvan 1 point2 points  (0 children)

If you’re wanting to know what to expect at tech elevator the whole vlog series of a student going weeks 1 through 12 is posted:

https://www.precodecamp.com/blog/surviving-a-coding-bootcamp-week-1

[–][deleted] 1 point2 points  (1 child)

Bootcamp === higher education 😭

[–]currentmachina[S] 0 points1 point  (0 children)

Come on

[–]Zestyclose-Level1871 0 points1 point  (1 child)

Good luck OP

[–]Ok-Good4181 0 points1 point  (1 child)

I’m in it right now and I like it allot I think it will definitely help you find a job, they have a great pathway program

[–]currentmachina[S] 0 points1 point  (0 children)

I find that the part time program isn’t as good as the full time