That, like your initial assertion, isn't really true.

Hacker School doesn't take a segment of your earnings either. They try to get you a job at then end they take a recruiting commission from whoever hires you, but nothing from the student.

In fact, I don't know of a single school that does this. gSchool refunds your tuition if you don't find a job. Flatiron School refunds a portion if you take a job through one of their partners. No one, as far as I know, takes a portion of student's salary beyond the tuition.

You should reword this.

Few of these schools are free. Most supplement a course fee with a placement fee they receive by acting as your recruiter.

So they have a vested interest in your subsequent earnings. Wow, on first blush, I think all schools should have a vested interest in your subsequent earnings.