Actually, 105k but it's not that hard to believe in the bay area.
Looks as though they keep a pretty high bar for their students and that will lead to an overall more talented grad than your everyday bootcamp but its still crazy.
For that price you could hire 3 excellent remote workers.
I've looked at the alumni they have on their site - most seem to be hired by startups (ie. companies that likely have more money than sense). Coupled with the knowledge that its BA then maybe we're a little closer to an explanation.
Still utter insanity.
Wonder where this industry will be when the bubble pops.