DEV Community

Cover image for This coding bootcamp pays* you to attend. Does that change the game?

This coding bootcamp pays* you to attend. Does that change the game?

realtoughcandy profile image ・1 min read


Last spring, a well-known coding bootcamp made a major announcement.

Lambda School, a 9-month coding bootcamp with various learning tracks, reported that they were going to offer living stipends to select students.

Lambda is also well-known for their alternative tuition plan known as an Income Share Agreement (ISA). Instead of paying upfront, students pay Lambda a percentage of their income once they get a good paying job as a developer.

Each stipend is worth $18,000, paid in $2000 increments every month to cover the 9-month program.

The very big caveat:

Upon completion of the program, students will pay back 10% of their salary for a five year period once they're making at least $50,000 per year, instead of the standard 17% for two years. The max possible payment is capped at $50,000.

What do you think? Does this change things for you or do you consider this just another clever marketing scheme?

Would you consider a bootcamp (or recommend one) if more of these financial incentives or alternative tuition deals were offered?

Or are there better ways to learn software development? Let's discuss!

Check out the video and be sure to subscribe to my YouTube channel:


Editor guide