“Our goal is to place students as software engineers,” said Kush Patel, one of App Academy’s co-founders. “We don’t care so much if they can do graph theory or algorithms or other obscure kinds of CS topics. We want to give them real-world skills they can use and actually get them a job.”
Here’s how the tuition scheme works: Students study free-of-charge during the course’s duration. Upon gaining employment after graduation, alumni forward 15 percent of their annual base salary to App Academy, but not all at once. Instead, that sum -- typically around $12,000 for the average graduate -- is deducted incrementally from an employed graduate’s bi-weekly pay check for six months.
If a student isn’t hired within one year of completing App Academy, that student won’t be charged tuition. But that hasn’t been a problem for App Academy: Ninety-three percent of its graduates have received offers or are working in tech jobs.
Saturday, April 27, 2013
Education for the Real World
This sounds like a good idea to me: