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Reply to "Has this board missed the huge contraction in tech?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]CS majors will continue to be in demand. Most kids of parents in DCUM won't hit the job market for another 4 - 5 years.[/quote] +1 I wrote in another thread about college kids and jobs. It's a cycle. But, I do agree that paying $80K/year for a CS degree is not worth it. I talked DC out of doing ED to CMU because while we could pay for it (but a hit to our retirement), it was not worth it. So, DC will be going to UMDCP with some merit aid. They will do a +1 masters, and also have the time and finances to do a doublemajor if they want. CS isn't going anywhere, but the next year or two will mean job seekers won't be getting the ridiculous salaries. That party was not going to last anyway. I am much older and have been in the high tech industry for 30+ years, went through two recessions and the dot com bomb in the Bay Area. But, a CS degree is also more marketable and portable if DC wants to ever live in another country.[/quote] You are paying for optionality by going to CMU vs. UMDCP. Hedge funds, AI offshoots coming out of CMU, etc. are heavily recruiting at CMU...I don't know if they are at UMD (maybe they are, in which case agree with you). If your goal is just to get a good CS job at some company, I completely agree with you. [/quote]
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