To support future software developers, Kaplan Test Prep has partnered with Upstart, a firm that provides individuals with access to funding for career advancement in exchange for a percentage of their future earnings. As part of the agreement, participants in Metis, the Kaplan-thoughtbot bootcamp for individuals interested in becoming professional Ruby on Rails web developers, will have the option of guaranteed tuition financing through Upstart in exchange for a small and pre-determined fraction of their future earned income.
“One of the biggest challenges facing up-and-coming professionals and entrepreneurs is a lack of early capital to help them secure the tools and skills they need to succeed in a highly competitive market,” said Jason Moss, co-founder of Metis. “As we look to boost the skills gap in coding and web development, partnering with Upstart enables us to connect tomorrow’s developer talent with the financial backing to gain the skills they need to be successful.”
Metis, Kaplan and thoughbot’s bootcamp for aspiring Ruby on Rails web developers, is designed as a new economy skills training (NEST) program to provide immersive training in skills that are in high demand in today’s job market, preparing participants for hire. Data from the Bureau of Labor Statistics indicates that by 2020, there will be a million more computing jobs than students.
“Learning to code is a great way to invest in yourself and we are excited to partner with Metis to offer their students a way to finance their coding education,” said Dave Girouard, Co-founder and CEO of Upstart.