Excerpts
SUMMARY: Economics correspondent Paul Solman visits New York's Flatiron School, one of numerous coding bootcamps online and around the country that are designed to help graduates land jobs in a high-demand industry.
PAUL SOLMAN (NewsHour): What’s making this drone fly? Not a remote-control gizmo, but computer code written by students at New York’s Flatiron School, one of numerous coding boot camps online and around the country designed to land their graduates gigs in perhaps the hottest field in America right now, Web development.
AVI FLOMBAUM, Co-Founder and Dean, Flatiron School: I think that, if you program today, you’re a man that can see in a blind man’s world.
PAUL SOLMAN: Programming is big right now, says Flatiron co-founder and dean Avi Flombaum, and it will be even bigger in the future, which growth in coding jobs forecast to be double that of job growth overall.
AVI FLOMBAUM: There’s just such a demand for these kinds of skills that, if you are competent and you are passionate about this and you are a self-driven person, there are more opportunities than we can possibly fill.
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PAUL SOLMAN: Twelve weeks of immersive coding, no experience required, at a cost of $12,000 to $15,000. But, at the end, 99 percent of Flatiron graduates get jobs as developers, making, on average, $74,000 a year to start.
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GERALDINA GARCIA, Flatiron School Student: I kind of got into the tech industry and realized how unimportant a college degree really is.
PAUL SOLMAN: Garcia, who had majored in computer science, joins a growing chorus of those questioning the value of a degree from a traditional four-year university, especially if it means assuming debt.
COMMENT: This has happened before, the big demand. But there is a limit to jobs in this sector and the demand will fall as the limit is reached, and you will end with a plateau in demand.
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