With Financing and Support, Devon Became a Software Engineer
Alchemy Code Lab Career Impact Bond graduate
Dimitra, a Portland, OR native and mom to a toddler, was earning $43,000 a year as a high school art teacher. Feeling unfulfilled after many years of this work, she decided to try something new: She quit her job and enrolled in Alchemy Code Lab’s 25-week immersive coding program through the Career Impact Bond. The Career Impact Bond is a student-friendly financing model in which participants repay program costs only if they land jobs making a certain salary floor, in this case $50,000 a year or more. Dimitra took advantage of the program’s tuition and living expense financing, which enabled her to focus on training full-time without having to worry about her monthly expenses.
After graduation, Dimitra was hired as a Junior Software Developer at Cornell Pump Company. The job brings daily challenges, stimulating her creative side. “That’s one of the draws of becoming a developer,” she explained. “You’re learning every day, you’re researching, you’re creating, and you’re problem-solving. You’re doing all the things, and that’s what keeps it exciting.”
With a starting salary of $65,000, the role is not only more fulfilling—it’s more financially sustaining than her previous role as an art teacher.
Things for me have changed a lot since I graduated...I have more time to spend with my daughter. I was able to move and finally purchase a home. I now have the work life balance I’ve always been striving for.DIMITRA, ALCHEMY CODE LAB CAREER IMPACT BOND GRADUATE
Dimitra was compensated for her time spent talking with Social Finance about Alchemy Code Lab.