Gallup did a survey of tech boot camp graduates and the results are quite good.
A new study by Gallup and educational technology company 2U provides insight into these outcomes, based on interviews with 3,824 graduates of 2U-powered university boot camps, and helps shed light on what high-quality programs look like. 2U partners with more than 50 nonprofit universities to power their boot camp programs. Over more than a decade, 48,000 students have graduated from 2U-powered boot camps.
The boot camp graduates surveyed reported earning substantially more money one year after graduation than they were earning while attending the boot camp — regardless of whether they had bachelor’s degrees to begin with.
Now that’s a survey result not a causal estimate but tech boot camp graduates without a bachelor’s degree earn nearly as much as computer science graduates even though the tech boot camp is much cheaper and quicker.
Although graduates of 2U boot camps spent between one-quarter and one-third of what bachelor’s degree-holders typically spend on their programs, boot camp graduates reported earning as much or more money in the year after they graduated.
The median 2018 boot camp graduate without a bachelor’s degree reported earning nearly as much ($55,000) in the year immediately after their boot camp as the median computer science bachelor’s degree graduate ($56,421), and they earned roughly $10,000 more than non-computer science majors ($44,033).3
Boot camp graduates with a bachelor’s degree (which accounts for most of the surveyed graduates) earned even higher salaries — about $5,000 more — than their counterparts with less than a bachelor’s degree. Further, boot camp graduates with bachelor’s degrees are outearning U.S. workers of the same age with a bachelor’s degree.
Education is ripe for transformation.