Hey guys, it's your boy, Joe, back at it again, coding phase.com and this video, we're going to be comparing, being a self-taught developer, going to college for a computer science degree and also to going to a boot camp. So let's get started guys. All right, guys. So now we're going to go in and talk about all three of the different paths.

Now you might be asking yourself, where am I getting. Data from guys, I've been helping people to get jobs and get into the industry for the past almost five years. And also too, I've been a developer since 2011. I've seen every single type of situation from guys who went to school for a computer science degree.

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The Cost of Being a Self-Taught vs Computer Science Degree vs Bootcamp

So guys who are, self-taught like me and also two guys who went to Bootcamp. So pretty much this is from my experience and from everything that I've seen in over 10 years. So basically we have self-taught how much does it cost? It's about a thousand dollars, right? It's going to cost you about a thousand dollars signing up to different courses, trying out different platforms, trying to figure out which one is the right one for you checking out on YouTube or, buying a laptop, ect.

It's going to cost you around like a thousand dollars, right? A computer science degree. Pretty much you could say it's $40,000. It could cost you even more depending if you're going to like an Ivy league school or even out of state college or university. Definitely. You have bootcamps usually costs above $12,000.

So yeah, it's a big price difference between all three of them came from there. You have time to create. We will say self-taught developer can really learn in about four to five months. And basically from there, we could say, you could start applying. It takes you like a month or month and a half to really start building a portfolio and stuff like that.

So let's just say an average of five. For computer science degree students, it takes them four years. You're going for a bachelor's that takes about four years. Sometimes some people take extra classes and they could do it in three and a half years or three years. Or I've seen people who already have taking like college courses in high school and they've done it in two years.

So I definitely seen that happen too. Also too, you have the bootcamps, how long does it take is about nine months. Yes. You see sometimes now, so new bootcamps that say, oh, you could do it in three months. You could do five months, six months, the really good boot camps actually take about nine months from what I've seen over the years those three month bootcamps, they never like, deliver on what they promise.

Should You Become a Self-taught Developer?

Now who should take this path. So to become a self-taught developer, I think anybody can do it. But to be honest with you is usually the type of individual looking to work ASAP has limited funds. So that's the person that might say, okay, cool, man, I don't have money to go to college.

I don't have. Papi and mommy to take care of me for the next four years. And guess what, you know what? I have kids, I have a family, et cetera. It could be a situation like that. It could be somebody who was already an older individual who says, you know what? That ship sailed already. I'm 38 years old.

What do I look like in college? It doesn't make sense. Maybe, somebody who might just say, you know what, I could do it on my own. People have done it and guess why I could do it on my own. So that's the person that's going to take that path. Computer science. I should say this right now.

Should You Go to College For a Computer Science Degree?

I'm not against going to college. I think if you are 17 years old and just finished high school, you should be going to college. And I'm gonna tell you why. One of the reasons that I think that it's super important for people to go to college is one of degrees, always gonna be. It doesn't matter, right?

It doesn't matter what degree you have a degree is always going to be good. It's going to be a plus, no matter what, but at the same time, when you're like 17, 18 years old, 19 years old, you're so young that a lot of companies are not going to give you that first opportunity. And that's just a fact, I've never seen a 17 year old working at a company.

So my advice is to go to college. You could go in and by the time you're 2021, you're going to finish college and you're going to have your degree. And then from there you start your career game. That's my advice, right? And I also think like once you reach a certain level as far as age or whatever, I don't think that there's no point of you going back to school.

That ship sailed a long time ago, but that's my opinion. That's where I put in my little piece of my opinion into it again before bootcamps, who should go to a bootcamp, right?

Is a Coding Bootcamp The Right Place For you?

I always criticize bootcamps or on the way how they try to promote things. But I do believe that they serve a purpose. I think that the person that needs to go to a bootcamp is the person that needs to be held accountable. So actually finishing and learning discourses and this the skills, right? So for example, somebody that says I tried being a self-taught developer, but I can apply myself to sit down in front of a computer to learn this thing.

Guess what? You should go to a bootcamp. If you really want this, you should go to a bootcamp. So you could go in and pay that big lump sum, or get yourself in debt. And then now you're actually. Forced to get this done. I know. And somebody might say Joe, then if they got a foursome, they shouldn't be able to, to become a developer.

They shouldn't try to become a developer. But the thing is, this is just like a gym. There's somebody who might say I'm fat. I want to lose weight, right? That's what they really want, but they can apply themselves to go to the gym every day that can apply themselves to go in and keep a diet. So guess what?

This is why they pay for a trainer right. Of bootcamp. That's pretty much what you're doing. You're basically paying for training to be there and to be like, You got to finish this, Hey man, learned this, et cetera. That's what you really paying for. Because everything that you could learn in a bootcamp, you could pretty much learn it on your own. The only difference is like that's not a big upfront cost and also to them, ain't nobody holding you accountable to it. So that's what I was saying. All right.

Year 1: Self-taught developer vs computer science student vs bootcamp student

So again, first salaries usually be, for self-taught 50K to 70K 65K two 80K for somebody with a computer science degree. And for bootcamps is the same day for decades to 70 K.

I'm giving you the low numbers because this are the realistic numbers . I'm not going to go in and sell you guys. You're getting a hundred thousand dollars on your first year. Now that happened. But that's not the norm. That's what they tell you in a bootcamp. That's what they tell you.

When somebody is trying to sell you a course, that's what somebody tells you when they want you to go to a university and they're like, Hey man, come spend a hundred thousand dollars with us. And by the time you graduate four years from now, you will also have a hundred thousand dollars waiting for you somewhere.

You get what I'm saying, that's what they say. The truth is this all the real type of numbers that you're going to get on your first year? Okay, let's go to the next thing. Now we have here basically your first five years as a developer from the moment you start studying. So the moment you start working again, and this is from my experience from what I've seen.

Over the years . This is not Hey, I got the data sets in it. No, I don't need no datasets. And I'll tell you why. Because like I said, I've been helping people to get into jobs for the last four or five years. And I've been doing this professionally since 2011. So it's been a long time. I've seen it.

So this is for information from colleagues, from students from pretty much the experience that I've seen in over this last 10 years, how it goes. So year one, basically for self-taught developer, your first three months you basically start learning again. You also go in into that stage of applying on your second quarter of that.

And also too, that's where you start building your portfolio, et cetera. And usually on the third quarter is when you start working. And fourth quarter, you already working at that company. Now, again, I'm going with the lowest salary to just give you a pretty much like a realistic approach to this whole thing.

So in those six months, what can you expect? Most likely it's going to be about like $24,000, right? So a minus in the investment that you already put in, which is a thousand dollars for you to become a developer. Learning online, et cetera. And we minus that 25,000, we'll say 25,000 minus a thousand is 24,000.

That's the total computer science, you're going to be learning. You're not working on anything, bootcamp, same thing learning. And then after you graduate, then you start building your portfolio and start actually going in and applying to . Now from there, we're going to go to the second year.

Year 2: Self-taught developer vs computer science student vs bootcamp student

Second year you're working as a self-taught developer . Lowest salary rank 70,000. You got a little increase because you've been working at this company you're already doing. Your six months probation pretty much. Or maybe you did six months at that company, and then you decided to go in and apply to another company.

So you're looking at that 70K a bootcamp. We're going to start them off with that 50K. And again, we're going to go in and we're going to migrate. Basically the investment that they put in, which is about $12,000. So total income really comes down to 38,000 while they've really made that year on the second year.

Year 3: Self-taught developer vs computer science student vs bootcamp student

The third year, we're here. Again, working self-taught developer bootcamp working now we're looking. The self-taught developer making about 85,000. You basically have about two years of experience now, like two years and a half, basically. And then from there, 85K that's around the range for somebody that's on two years.

Bootcamp, probably making like 70K it could be a little bit more depending on how that person actually goes. And talks to the company on their salary. So it all depends. But what I've seen, this is the numbers that I've seen so far . Remember, experience is king those extra six months.

On the first year it makes a difference . That's where the money really comes in. Somebody might say how come you know this guy in the third year? He's making 70 K and this other guy's making 85 K. If you go in and that's an extra six months of experience . Most likely he's already worked on, two or three companies.

So that's going to help him get that 85K . So again, total income for the year 85K total income for the bootcamp. 70 K. Now again, computer science, student zip zero. You're not making no bread. You might be doing some little side income. To be honest with you. Usually the kids going to college, they're not really going out of their way to do extra income and then, stuff like that.

Sometimes you might see it, but again, I'm not trying to bring out that one guy that does it. I'm not using the one guy that does it. As an example, I'm using the average person. Period . So this is average numbers is, somebody right now might say a guy in a bootcamp that I know in his second year, he was making 180,000.That's that one guy... I'm telling you right now. That's not the norm again. I'm giving you guys the norm.

Year 4: Self-taught developer vs computer science student vs bootcamp student

All right. So coming into the year four we have the same thing, working for both the bootcamp and the self-taught. But that's. They're most likely going to be at the same range, right?

One thing that is always going to help somebody with a, going to a bootcamp. A kind of validate some in some type of way. There's some companies that do put a little bit more weight on that certificates, et cetera. Maybe, just the fact that somebody went to school for it, or try to learn from what a platform or, one of these boot camps, et cetera.

So I think by this time they should be having around the same salary. And also too, So a one 100,000 and 100,000 Right? So total income. So that's your fourth year.

Year 5: Self-taught developer vs computer science student vs bootcamp student

This is where it gets interesting. So your five, right? Basically the college student already graduated. He's applying to jobs, and let's say he's taking him a one quarter rate of the year to find that position . Because he has a degree start him off at 65 kids. Which is a little bit higher than everybody else again. But this is where it gets interesting. So now let's say on year five both of these guys to bootcamp and also to the self-taught developer, they both have about four years of experience basically.

And they're both making about 150 king per year . So that's the salary. So again, now this is the number of. Now for the kid, who's going to college and goes through this whole process. He most likely still owes money. And yes, we could say, okay, cool. He's making payments. And he could pay those payments in the next 20, 30 years, however long he wants to take to pay off his student loans.

But the facts is this right. He only worked three quarters of the fifth year and in those three cases, You can see that basically it's like a brow $48,000. If they're paying him 65 K salary and he only worked three quarters is about $48,000. So then from there minus the $40,000 of school, which could be.

Or it could be that he paid it off. He basically has a total income of $8,000. This is how much he's actually making . Now, again, I'm taking away the fact that you could pay this off in 20, 30 years, right? A student loan, the facts dose . That's it. It is what it is again, that's, what's left after you go in and you minus your debt again.

Total earnings differences in 5 years of a self-taught developer, computer science graduate, and a bootcamp graduate

So then from there. Is this the total earnings guys. So in the long-term right, ain't five years, basically your first five years of joining this career this whole field, this other numbers, right? So you're basically having a self-taught developer is like $394,000, in four and a half years with four and a half years of experience.

Computer science degree. You basically have about nine months of experience and total earnings is about $8,000. Once you minus your debt. And then from there you have the bootcamp. Which is about $323,000. Once you minus your debt also . So here we go. That's the numbers got now again, what's important is that you actually go in and try to get into the industry, right?

It doesn't matter if you become a self-taught developer or you go and get your computer science degree, you go to a bootcamp, you got to decide which one is the right path for you again. Me personally, I rather go in with the self-taught because, again, I'm not a part of your mommy kid, Ray, I'm a self-made individual basically built from the ground up.

And when I look at my career and I can say, okay, I started 10 years ago in 2011. And I look back. I basically been making income every single year. I made money since I started becoming a developer, since I was interested in this thing. And that's one of the main reasons why I didn't choose to go back to school to get a computer science degree, because I felt what, if I go back to school and it would have taken me less because I already had a degree, it would have taken me probably two years of.

It would mean that for two years and a half, I wouldn't be making any income as a developer and I wouldn't be building experience. So as you guys can see a self-taught developer by the time that, he's five years in the game, it's a big difference in here between. Somebody who's doing a computer science degree, right?

Somebody that's doing a computer science degree might just have nine months, six months of experience. While a guide has started at the same time as that individual who was going to school for it actually already has four years and a half. And I've seen this in. Real life. Like I've seen this in action.

Again, I've been in companies where there's a kid who just graduated from college and there's another kid who's been doing this on his own and has been working and the amount of level of, experience. It's easily noticeable one. Guy's being like connecting raspberry pies and led screens on his school and learning theory.

Another guy's actually been working and building projects and working with companies like some big difference , so you guys, it's your choice now, guys, listen, if you enjoy this type of content, please subscribe to the channel.

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