Take anything Zed Shaw says with a grain of salt, given that he has his own very strong views on how to teach/learn coding (as shown by his books).

For example, "FBTA"s are real and I have encountered them in real life. There are definitely bootcamps that game the system by hiring their own grads.

On the flip side, I think ISAs are a really promising way to align incentives between the school and students. Compare that to people going into massive debt by going to uni and then failing to find a good job - only the gov't cares if you're able to repay your debt or not.