National coding school Iron Yard said Thursday that it will shut down all of its operations, including its Austin campus.
In a statement posted on its website, Iron Yard said that “the industry as a whole is still young and its leaders face the challenge of a nascent market, as well as the demands facing all institutions in the higher education marketplace.”
The shutdown plans were first reported in the Triangle Business Journal.
Based in Greenville, S.C., Iron Yard has 15 campuses around the country. The company said it will finish out summer classes, including its career support functions. Its Austin campus will close Nov. 3, according to a company spokesman.
Iron Yard taught web development classes at its Austin campus, which is off South Congress Avenue near St. Edward’s University.
Code schools have sprouted up in Austin, and throughout the country, over the past few years. They are pitched as a way to learn basic programming skills through what is usually a 12-week course.
In June, there were at least seven such schools in Austin, including Galvanize and General Assembly.
The cost of classes at these schools can range from a few thousand dollars to $14,000, depending on the skills taught and experience of instructors. Most schools also have career placement offices that help set up students with interviews or internships.
Iron Yard is the second coding school to shut down its Austin campus this month. Dev Bootcamp said last week in a Facebook post that it is shutting down. Dev Bootcamp was based in San Francisco and its Austin operations were on Guadalupe Street near West Martin Luther King Jr. Boulevard.
Dev Bootcamp also taught primarily web development skills at its Austin campus.
In its Facebook post, Dev Bootcamp said it had been in the business five years but that it would wind down after its last cohorts finish their programs in December.
“Since launching in 2012, we’ve been striving to find a viable business model that would enable us to further our vision of high-quality, immersive coding training that is broadly accessible to a diverse population, while also covering the critical day-to-day costs of running our campuses,” Dev Bootcamp said in its Facebook post. “Ultimately, we have been unable to find a sustainable model that doesn’t compromise on one of these fronts.”
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