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Code Bootcamp Fined $375K Over Employment Claims and Licensing Issues (arstechnica.com)

An anonymous reader quotes Ars Technica: [O]ne of the most prominent institutions, New York's Flatiron School, will be shelling out $375,000 to settle charges brought by New York Attorney General Eric Schneiderman's office. The AG said the school operated for a period without the proper educational license, and it improperly marketed both its job placement rates and the salaries of its graduates. New York regulators didn't find any inaccuracies in Flatiron's "outcomes report," a document the company is proud of. However, the Attorney General's office found that certain statements made on Flatiron's website didn't constitute "clear and conspicuous" disclosure.

For instance, Flatiron claimed that 98.5 percent of graduates were employed within 180 days of graduation. However, only by carefully reading the outcomes report would one find that the rate included not just full-time employees, but apprentices, contract workers, and freelancers. Some of the freelancers worked for less than 12 weeks. The school also reported an average salary of $74,447 but didn't mention on its website that the average salary claim only applied to graduates who achieved full-time employment. That group comprised only 58 percent of classroom graduates and 39 percent of those who took online courses.

The school's courses last 12 to 16 weeks, and cost between $12,000 and $15,000, according to a statement from the attorney general's office [PDF]. (Or $1,500 a month for an onine coding class). Eligible graduate can claim their share of the $375,000 by filing a complaint within the next thee months.

4 of 61 comments (clear)

  1. Sounds like... by nospam007 · · Score: 2

    ...Trump 'university'.

  2. Taking advantage of the desperate by elrous0 · · Score: 2

    When you're unemployed, you get desperate. And desperate people often will let their guard down in their desperation. You also quickly discover that there is a whole industry of trade schools, bootcamps, etc. happy to exploit that desperation with all kinds of bullshit promises.

    I had the misfortune of being unemployed for a while not too long ago. And while I found few real jobs available (most job postings are complete BS, for those who don't know), I found no shortage of schools promising to GET me a job. They trade on success stories of people who went through their course and had great job offers thrown at them as soon as they graduated. Of course, most of those success stories are complete BS too, but when you're desperate you really WANT to believe that you've finally found your answer. I came very close to letting myself get taken advantage of more than a few times, in sheer desperation. And I'm normally a pretty hardcore skeptic in normal circumstances.

    In short, if it were up to me I wouldn't just fine schools like this. I would send their administrators to prison for a long, long time. They've done one of the lowest of the low things a human can do--exploit the weakest and most vulnerable of their fellow men for a quick buck.

    --
    SJW: Someone who has run out of real oppression, and has to fake it.
    1. Re:Taking advantage of the desperate by Anonymous Coward · · Score: 2, Insightful

      And this is why there needs to be basic income. Nobody's life should hang on a thin string that is the education and employment market.

  3. Re:Wrong trade by HornWumpus · · Score: 2

    If they happen to have a relative who's a retiring crane operator and inherit the job. Otherwise, no.

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'