In a recent government meeting, representatives from a for-profit private college discussed their training programs and partnerships with employers, amid concerns about student debt and the high cost of training. The college, which currently serves over 1,700 students, reported an average cost of $5,990 per trainee for a comprehensive four-month program that includes hands-on skills training and preparation for up to four industry certifications.

Despite the college's assurances that trainees would incur no costs, concerns were raised about the potential for students to be funneled into expensive programs. The college emphasized its commitment to providing extensive resources, including build-your-own computer kits and unlimited tutoring, to ensure student success without additional financial burden.

The discussion also highlighted the college's connections with various employers, including Lockheed Martin, which reportedly had no prior knowledge of the institution. The college explained that its first contract with employers was designed to meet specific workforce needs, and it projected a demand for more than the five trainees listed for each employer.

Concerns about the high cost per trainee were echoed by several attendees, who questioned the college's ability to deliver on its promises and the optics of a for-profit institution benefiting from public funding. The college defended its model, citing a 0% cohort default rate on student loans and a commitment to aligning training with industry demands, particularly in the high-growth fields of cybersecurity and IT.

As the meeting concluded, some members expressed hesitance to approve the funding request, suggesting a lower initial amount to test the program's effectiveness. The college representatives reiterated their confidence in the program's potential to provide valuable job opportunities and wage progression for graduates, emphasizing their dedication to adapting to the evolving needs of the IT workforce.