Just a thought that comes to mind here (not really a response) is that yes, problems exist with training good engineers, particularly in a bootcamp format. Many comments below go into this. But we see a lot of students who are learning development as a life style choice as well.

Maybe sounds odd but the mission for these guys and girls is actually never to get a "job", its actually to build prototypes of their own ideas or start freelancing as a web designer, doing small sites for friends and families then sourcing clients and using it all as a way to perpetuate their learning.

I don't know how many bootcamps get those kinds, but its become the majority of our student base.

I think for these people in particular bootcamps is brilliant. Though the problem with training good engineers for jobs in established companies still remains.