&gt; <i>a standard specified by industry experts and every bootcamp has to follow it</i><p>How would anyone force them to follow it? The standard would have to be heavily marketed to prospective students, which would apply pressure on bootcamps to follow the standard. But that would cost money, and who would pay for that?<p>This is the kind of thing that historically snowballs into a huge mess, and then the government ends up regulating it because there&#x27;s no way the market will.<p>See also: accreditation of schools, regulation of food-safety and food-quality practices, etc.<p>You can also see an industry where the government <i>hasn&#x27;t</i> regulated that much, which is organic food in the US. That&#x27;s a huge disaster, where the organic buzzword is applied to a wide variety of products with a wide variety of histories. Consumers have no idea what they&#x27;re really buying.