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A comment on Thread about Holberton School and the bootcamp warning signs.

Re:Thread about Holberton School and the bootcamp warning signs by TYPE_FASTER on Friday September 13, 2019 @04:30PM (#20966172)
What I found interesting was the fact that the VCs funding the schools are selling the ISAs. There's even an online ISA marketplace: https://edly.info

Also, note that it's 17% of gross income, so before taxes and benefits...

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Re:Thread about Holberton School and the bootcamp warning signs by austenallred on Friday September 13, 2019 @05:13PM (#20966641)
VCs fund the schools.

The schools finance the ISAs. The same way a lending startup isn't lending out its VC dollars, it gets other dollars to finance the COGS.

Pretty basic finance, really, and shouldn't surprise anyone. Also doesn't change anything - if students don't get hired you go out of business.

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