From KQED - Please share this.
Oakland Coding School’s New Pay Model: No Tuition Until You Land a Job
By Alyssa Jeong Perry
Then Vashti clicked on an online ad for Learners Guild, a 10-month developer program located in downtown Oakland. The program is one of a handful of coding schools that offer “income-share agreements,” which means students don’t have to pay until they get a job making more than $50,000 a year. And depending on their salary, graduates will fork over 12 to 20 percent of it for three years.
The coding school also offers a monthly stipend. For Vashti and the other students at Learners Guild, the stipend and income-share agreement allowed them to pursue a career change.
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Learners Guild president Ian Inaba believes that by using this income-share agreement model, the school removes barriers that can keep women and people of color out of tech. He said that the school is more diverse than the tech industry at large — 50 percent of students in the program are African-American and Latino, and 35 percent are female.
“There’s no reason why there aren’t women or African-American, Latino programmers,” Inaba said.
https://ww2.kqed.org/news/2017/03/18/oakland-coding-schools-new-pay-model-no-tuition-until-you-land-a-job/
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