Monday, February 4, 2019

Trump Administration Eyes Federal Student Aid for Bootcamp Education - Nate Swanner, Dice

The Trump administration is eyeing federal funding for tech bootcamp students, but the money comes with several catches. Politico reports Trump’s Education Secretary Betsy DeVos is examining a method to allow traditional universities the ability to “partner” with coding bootcamps, which would allow those camps to receive federal funding (and their students to pay via federally backed student loans). In 2017, Congress allocated $15 million in funding for GI Bill recipients who wanted to attend bootcamps rather than universities. Currently, accredited colleges and universities can outsource up to 50 percent of their education program and still receive funding. Those outside sources don’t need accreditation; so long as they meet the university’s requirements, the government is satisfied. https://insights.dice.com/2019/01/21/coding-bootcamp-federal-student-aid/