APR 26, 2024 JLM 62°F 07:17 PM 12:17 PM EST
New Israeli school tech model: Pay when you land the job

Masterschool seeks to fill the high-tech employment gap worldwide by offering a different model of job training: "Study for a new tech career, pay when you land the job"

A new network of virtual colleges from Israeli startup Masterschool is making an unbeatable promise: Study with us for up to 10 months and don’t pay a penny until you find a job in the lucrative high-tech industry.

Masterschool aims to address what industry trade group CompTIA says is a shortage of nearly a million IT jobs in the United States alone, with the number expected to reach 85 million unfilled jobs by the end of the decade. CNBC reports that 57 percent of tech executives list the labor shortage as their top concern.

The problem is no less acute in Israel, where there’s a reported shortage of 33,000 employees in the high-tech space.

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