The coding boot camps are closing en masse. I can't speak for the other alternative educational models, but there has been quite a bit of discussion around the boot camps closing.

Here is a recent article:

https://www.nytimes.com/2017/08/24/technology/coding-boot-ca...

Nah, two of the 100 closed, the industry is fine. One is going to start up again in the same place with the same people and a different name. The other was purchased by Kaplan, which is as close as you can get to a death knell. Most are making grundles of money.

We’re not really a code bootcamp but we get thousands of applications per month and have employers incredibly hungry for our grads.

They are two of the major ones with multiple facilities. That doesn't bode well for the industry.

Also, kudos on grundles. That is my new favorite word.

Make sure you know the definition before you start using it casually as he has!

> Noun. grundle (plural grundles) (US, slang) The area between anus and scrotum in a male or between anus and vulva in a woman. [0]

[0]: https://en.wiktionary.org/wiki/grundle

Oh, I'm going to use it for everything - except what it really means.

"I will take the 8 oz steak, smashed potatoes with gravy, cauliflower with cheese, a side salad with house Italian dressing, and can you please make it grundle?"

"Thanks for stopping by. When you get home, tell your grundle I said was thinking about them."

I realize this isn't good HN material, but I couldn't resist.

Intersting. In NZ and Australia, "grundies" is slang for (usually male) underwear.

Different etymology though. Grundies <- Reg Grundy's <- Undies <- Underpants.

Never even heard of Iron Yard, being funded by Apollo (U of Pohoenix) makes me think it was nothing but a cash grab, likely same as the reviews of Berkeley Extension school’s bootcamp.

This is a business where poor level of service sinks a company fast. Reviews get online from the first few cohorts, if they’re bad the high caliber students who do their research will opt out of applying. These are the students likely to get jobs from career fair which the bootcamp makes their recruitment fee.

Iron Yard was successful in one rural area, and decided to simultaneously open up 16 new spaces at once. Turns out that's like building 16 separate companies simultaneously.

Lots of bootcamps with multiple facilities do very well, but that makes costs high, so if you make a few missteps it's game over.

Most are clearing millions in profit.

Didn't know. I see them advertising like crazy on my facebook feed lol

Coding bootcamps serve a very niche, often already well off (relative to the other 6 billion people) people.

The basics of education are not being delivered well enough to empower the other 9 out of every 10 children who don't even have access to the basics.

I co-founded Dev Bootcamp and disagree with most of his tweetstorm, for what that’s worth.