With Education Costs on the Rise, Bootcamps are Gaining Popularity


As education costs continue to rise, the gap between unfulfilled jobs and digitally skilled workers also grows. The good news is many companies recognize education cost as a barrier and are waving the need for a 4-year degree in favor of nontraditional training such as bootcamps.  
Read this article to learn more about NC State’s Digital Skills Bootcamps, the impact of rising education costs and how to finance your education.

female calculating education costs

Boost Your Digital Skills With a Bootcamp! 

Bootcamps offer accelerated learning opportunities for those looking to start a new career and professionals looking to brush up on new skills. NC State provides 3 unique bootcamps to help learners gain the skills needed to thrive in a digital career.

Sign up now to learn Cybersecurity, Digital Marketing or Software Development!

Bootcamp Benefits

No Degree or Experience Required

Each of our bootcamps is designed to meet the needs of individuals with all skill levels and backgrounds. From tech wizards to digital beginners, our bootcamps start with the fundamentals before diving deep into advanced tools and projects.

Whether you’re looking to change careers or gain new skills to further your current tech profession, we can take you from novice to ready-to-hire in less than a year.

When we say no degree or experience is required, we mean it! Plus, prerequisite courses aren’t needed, which cost an average of $694 per credit hour.

Our expert instructors will guide you through the program and help you transition between projects with confidence.

Remote Learning

We offer innovative, hands-on programs based on experiential education, practical simulations and mastering proficiency with the latest industry tools from wherever you are! 

You shouldn’t have to put your life on hold to learn new skills. Remote learning allows you to work while you learn. 

Dedicated Career Services

When you enter one of our bootcamps, you’re not just getting access to world-class education. We have a dedicated team of career coaches and job placement experts to help learners stand out from the crowd and get their foot in the door with employers.

Our career service coaches will work one-on-one with you to polish your resume, brush up on interview skills and more!

Outside of the bootcamp services such as professional resume writing can cost $100-$700, and career coaching costs range from $75-$500 per hour. Introductions to hiring partners, on the other hand, are priceless.

All this value and more is included in our Digital Skills Bootcamps.

You have access to our career support experts from day one and can continue using this service for up to 6 months after completing the program. Many learners have reported that the accountability and motivation provided by our coaches add considerable value to the bootcamp experience.

Female IT worker developing a digital tablet

The Rising Costs of Education

It’s no secret that education costs have shot through the roof, but what is driving such steep increases? Just as we’re settling into post-pandemic life, bam, we’re hit with an 8.5% inflation rate.

Let’s take a look at the factors contributing to education price hikes. 

Pandemic Closures

The pandemic has played a considerable part in rising education costs as the closure of universities led to the loss of hundreds of millions of dollars in revenue. Major revenue streams from college sports, campus dining and dorms evaporated overnight.

It’s no surprise that tuition costs continue to climb as universities struggle to make up for such significant losses in revenue.

Inflation

Inflation rates are at a 40-year high. This means the value of your dollar is worth significantly less than it did just a year ago. Consumers are feeling the decline as store shelves are lined with smaller packaging at an increased price. 

As the cost of goods and services increases, it can be hard to justify an investment in yourself. Thankfully, those who want to improve their future by learning new skills have options.

Education Alternatives

When it comes to pursuing a digital skills career, investing in yourself is smart. There are many options when it comes to learning new skills. 

Traditional 4-year institutions continue to provide a path to success for many. However, education is not a one-size-fits-all approach to a new career. 
As technology continues taking industries by storm, the demand for individuals and workers with digital skills and competencies is skyrocketing. The NC State Digital Skills Bootcamps provide you with all the tools you’ll need to successfully launch your exciting new career in less than a year.

Stressed young woman calculating expenses with open empty wallet

High Demand for Digitally Skilled Workers

If the pandemic taught us one thing, it’s that anything is possible! Employers have come around to the benefits of an at-home workforce. Employees value how they spend their time, dividing it more favorably between work and life. 

In light of how much can be achieved, employers and employees alike agree flexibility is the key. The NC State Digital Skills Bootcamps provide you with the job-ready skills you need to increase your earning potential in a fulfilling career.

Companies are looking for individuals with real-world application skills, forgoing the requirement for a 4-year degree. With 76% of global workers reporting they are unequipped for the future of work, there is a higher than ever demand for digitally skilled workers. 

The gap between skilled employees and open jobs presents an opportunity. Companies worldwide are rapidly transitioning to digital-first models, opening the doors to our bootcamp learners. 

According to the Salesforce Index, the most important digital skills needed by businesses today

and over the next five years are those in collaboration technology like social media. Only 25% of participants rated themselves with a high skill level in collaboration technology skills explicitly needed for the workplace.

Which NC State Digital Skills Bootcamp Will You Choose?

  1. Break into the professional world of digital marketing.
  2. Transition to a cybersecurity career in less than a year.
  3. Explore the field of technology to become a software developer.
Male student doing school work on a laptop.

Understanding the ROI When Investing in Yourself

ROI or return on investment is a method for calculating the potential profit of an investment. Investing in yourself may seem daunting in the face of rising education costs and a 40-year high in inflation rates. However, consider the cost of not increasing your earning potential.

We’re already feeling the result of inflation with the increasing cost of living and education costs will only continue to rise. Now is the perfect time to invest in your future.

Investing in learning new skills with one of our bootcamps has the potential to generate significant returns in under a year. Benefits such as increased pay, job fulfillment and flexibility, and a better work-life balance are tough to value. 

ROI Examples

The national average salary across all occupations is approximately $50,000. Someone currently earning $50,000 who invests $15,000 in acquiring Digital Marketing skills has the potential to earn $75,000 per year* as a Digital Marketing Specialist. That equates to a $10,000 ROI just in the first year!

According to the U.S. Bureau Of Labor Statistics, overall employment of advertising, promotions and marketing managers is projected to grow 10 percent from 2020 to 2030 due to the need to replace workers who transfer to different occupations or exit the labor force. 

Let’s do another example! Someone earning below the national average, $40,000 annually, for example, may want to invest $16,000 in acquiring new skills to work in the cybersecurity industry. The median annual wage for information security analysts was $102,600 in May 2021*. That’s a potential $46,000 ROI!

According to the U.S. Bureau Of Labor Statistics, employment of information security analysts is projected to grow 33 percent from 2020 to 2030.

*Salaries vary based on a number of factors, including position, location, experience level, skills, as well as work and personal history.

Potential earnings after completing a digital skills bootcamp vary according to your location, chosen discipline, job position and industry trends. See the examples below.

Average annual salaries for digital skills positions:

  • North Carolina Information Security Analysts: $108,870
  • North Carolina Software Developer: $99,680
  • North Carolina Marketing Manager: $118,810

3 Steps to Financing Your Education 

Investing in your education is a big decision–we get it. This is why we are committed to helping you take this crucial step towards professional development with convenient payment and financing options. Once you have set specific career goals for yourself, follow these 3 steps to begin your journey to a fulfilling digital career:

Step 1: Select the Digital Skills Bootcamp that fits your career aspirations.

Step 2: Start the 30-hour Introductory Course to gauge if the bootcamp is a good fit for you.

Step 3: Choose the payment option that works for you when you’re ready to commit to the full program.

Pay in Full0% InterestPersonal Financing
After completing the Introductory Course, pay tuition in full prior to starting your first class.Monthly installments with no interest. Available to all learners.Students may qualify for private education loans with lenders like Sallie Mae or Climb.

Our bootcamps do not qualify for federal financial assistance. If you need more information about payment options, call 919.874.5441 to speak with our admissions advisors, who can answer any questions you have.

There Is No Better ROI Than Investing in Your Future

Investing in yourself means taking control of your career path. When armed with in-demand skills, you have the potential to earn more. Now is the time to invest in your future.

 board with the quote “The best way to predict the future is to create it.”

Choosing a bootcamp to further your education means creating a better work-life balance with interactive online learning and the potential to start a new career in less than a year with the help of a dedicated career services team. 

Classes begin on a rolling basis. Contact our admissions team for more information on start dates, tuition and what you’ll need to achieve success. Give us a call at 919.874.5441 or fill out the form below. 

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