I can't speak to the quality of the people who are attending these bootcamp programs (I wouldn't at all be surprised that most of them aren't "successful" for a variety of reasons) but as far as traditional university education being "successful", there are tons of university graduates who have little to show for it except a piece of paper and a load of student debt. A lot of kids today go to university because they're told it's what they're supposed to do, and coming out of it with a degree doesn't require nearly as much as it used to.
I agree with what you're saying. Traditional education is ripe for disruption, but this is clearly not the model that will do that. I imagine that there are high quality students that come out of this bootcamps but how consistently can they produce a good outcome for both the students and the prospective employers?
I think the tech industry needs to realize that their talent needs can't be solved this way. We need a more proactive and consistent system to identify potential and educate students. I think VC money creates incentives that impact quality, so for starters we should be thinking of these businesses as real non-profit organizations. Not wannabe mega tech corps.
