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The Iron Yard, a South Carolina-based coding school with 15 locations, announced that it plans to close all of its campuses. The four-old company posted a message (http://blog.theironyard.com/2017/07/20/message-iron-yard/) on its website delivering the news: "In considering the current environment, the board of The Iron Yard has made the difficult decision to cease operations at all campuses after teaching out remaining summer cohorts." The note said the company will finish out its summer classes, including career support.
[One school with fifteen locations closing — is this an isolated problem, or just one instance of a more widespread problem? What other schools have recently closed, or are in the act of closing, in your area? --martyb]
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Coding School "The Iron Yard" Announces Closure of All Campuses
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Anyone can make an omelet with eggs. The trick is to make one with none.
(Score: 3, Informative) by c0lo on Friday July 21 2017, @04:42AM (6 children)
No other schools, nor even "The Iron Yard" one, have recently closed in Melbourne, Australia. Hope this answer helps.
(hint: SN dwellers are not exclusively "South Carolingians" - grin - nor even exclusively USians. If you don't want answers from outside US, maybe it will help not asking questions relevant to US only).
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by takyon on Friday July 21 2017, @04:52AM (1 child)
One day one of us will help you emigrate into the Great American Prison.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 2) by c0lo on Friday July 21 2017, @05:06AM
Help me or us?
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by Mykl on Friday July 21 2017, @06:20AM (1 child)
In Melbourne, there was a spate of 'international colleges' that were closed down back in 2009. This was mostly due to these being dodgy scam artists siphoning money out of a government fund to increase vocational education. The courses they ran, and the qualifications they sold, were effectively useless. Basically a parallel to Trump University.
Some of our more established Tertiary institutions, however, have continued to expand.
The key problem that seems to be facing Tertiary education at the moment is that in order to gain credibility, you need credibility. And the money to be made from Student Visas is so easy, there's little incentive to create something truly lasting.
(Score: 3, Informative) by c0lo on Friday July 21 2017, @06:52AM
Not quite. The 2009 dodgy college closure happened on the wake of GFC, which brought two things up:
a. AUD "exploded" in value, the tuition fees here became too expensive when compared with the same in USD
b. the govt began to dismantle the "permanent residency through study in Australia" policies, in place since Howard govt before.
Here's a story around those times [themonthly.com.au]
---
The colleges siphoning govt grants started to appear afterwards and weren't acting on the "international connection" - sometime 2012 they were already visible enough for ABC to start taking notice [abc.net.au]. In 2016, the Vic govt cracked the "bubble" [theage.com.au]
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 0) by Anonymous Coward on Friday July 21 2017, @02:43PM (1 child)
yes, your socialist system will expand merrily until it gobbles up the whole private sector and then it will implode the country like Cuba/Venezuela. enjoy it while it lasts.
(Score: 2) by c0lo on Friday July 21 2017, @10:15PM
Just don't hold you breath.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford