Replacing college with coding school

FOXBusiness.com's Serena Elavia talks to The Flatiron School's Adam Enbar about the benefits of a coding education.

Want a $70,000 Job? Head to Coding School

By College Planning FOXBusiness

With the student debt crisis ballooning, more and more students are looking for educational opportunities other than college. 

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Tuition and fees at private universities can cost upwards of $30,000 per year and over $20,000 at public universities according to data from the College Board. 

But multiple studies of recent graduates have shown that the return on their expensive college investment has been weak, leaving them unemployed, underemployed and in debt. 

The student loan debt management website Student Loan Hero found that approximately 14% of recent graduates did not think that their college education was worth it and 38.6% said they weren't sure about the worth, surprisingly high percentages for a hefty investment like college. 

But most still think that college is the only option for obtaining a job and financial success. So that's why Adam Enbar co-founded The Flatiron School in New York City. The school teaches coding courses ranging in price (still a fraction of the cost of college) and boasts close to a 100% graduation rate. 

Enbar tells FOXBusiness.com that coding is hard work and that anyone can do it, but he looks for passion in applicants. 

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After graduating from Flatiron, students have excellent job placement prospects at places like Goldman Sachs (GS) and Intel (INTC) with starting salaries of upwards of $80,000. 

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