Byte Academy Blog Coding for Financial Independence

By: Karina Diaz What did you do this Fourth of July?Now that it's been a week since July 4th ...Let it inspire you to code for financial independence this summer!!1 in 4 young adults between the ages of 21 - 34 are dependent on their parents in some form, whether it may be rent, car insurance, etc. Having grown children dependent on their funds detracts them from saving for retirement, adding stress to their lives, according to an article on CNBC.Coding = Financial Independence.... Need Convincing? Time CommitmentImmersive Coding Boot Camp = 12 weeksFour Year College = 36 weeks per year x 4 years = 144 weeksEducational InvestmentAverage Coding Boot Camp Tuition = $12,000/12 weeks = $1,000 per week Byte Academy Tuition = $10,000/12 weeks = $833.33 per weekAverage College Tuition = $32,405 per year x 4 years = $129,620Average Student Debt = $37,172 for Class of 2016 graduatesAverage Time to Pay off Debt = 21 yearsAverage Starting SalaryAverage College Graduate = $50,556Average Coding Boot Camp Graduate = $78,000"Byte Academy was an amazing opportunity. In just 12 weeks I became a prolific programmer, and was able to get a high paying job with a hedge fund. Byte Academy is growing, and employers were impressed that I received a degree from Byte. I believe my time at Byte made me one of the most competitive applicants, and is why I was able to land a job so early. I highly recommend enrolling." -Andrew Pickman, 2015 Byte Academy Student Projected demand for coding skills...According to the U.S Bureau of Labor Statistics, employment of web developers - full stack python engineers, back end, front end, etc. - are expected to increase 20% from now until 2022, nearly doubling the growth of all other occupations.The fact that you have the expertise which is in demand, pays well and you can do from anywhere at anytime...?Sounds like Financial Independence to me!Source: CNBC, US Bureau of Labor Statistics, Collegeboard.org, Time Magazine, Student Loan Hero, Quora