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Canadian Coding Camp swaps tuition for salary contributions

HackerYou, a Canadian coding bootcamp offers a 9 week program for $1 upfront.

Instead of tuition, students pay 17% of their salaries for 24 months to the school upon graduation. This offers prospective coders a more financially accessible avenue for picking up technical skills.

Students don’t have to repay the tuition until they are earning $50,000 pre-tax, and are forgiven from repayment if they don’t attain a $50k salary within 5 years.

In an economy dominated by increasingly expensive education, and rampant student debt, alternative education financing is looking pretty attractive. See more details from CBC here