|The email sent out to alumni (closing paragraphs elided, in consideration of the character count):|
"I am reaching out to let you know of some very sad news. After considering all of our options, we have made the heartbreaking decision to wind down DBC operations. In other words, DBC's final cohort will start on July 17 and will graduate in December 2017.
Campuses will officially close on December 8, 2017, as we are committed to providing our currently enrolled students with full delivery of the program, including seeing them through the entire curriculum and providing at least six months of career support for these students after graduation.
Please know that we did not come to this decision lightly, and it is one that deeply affects us all. We’re so proud of what our students, alumni, DBC team (past and present), and community and employer partners have accomplished over the past five years. But despite tremendous efforts from a lot of talented people, we’ve determined that we simply can’t achieve a sustainable business model without compromising our mission of delivering a high-quality coding education that is accessible to a diverse population of students.
DBC has been committed to providing access to careers in technology since 2012, pioneering a new industry, and championing a radical form of education -- one focused on hands-on practical training over theory. This talented community of over 3,000 is proof positive that the educational experiment we launched five years ago could make a real difference in people's lives when combined with the passion and grit of our students. If our staff is the heart, you all are the soul of DBC. You and your continued work in the industry will keep DBC’s spirit alive."