I agree with this. A big chunk of the supply was not from fresh 4-year graduates. There are several postbacc programs in the US that target career switchers, which are already seeing their enrollments tank within the last year or so. People are less willing to spend more money on a 2nd degree if they already have a stable but undesirable career if it no longer seems that software engineers get significantly higher pay.
As a current nerd, I don’t know where our future nerds will go instead. I went from maths to a software factory full of mech/chem/electronic engineering grads who realized at around graduation time that there’s not a whole lot of engineering happening in the US. With that outlet shrinking, will s start proliferating?
You should ask those people in what sense is the market going to come back up and what the timeline is.
Is it going to go back up in the sense that the oversupply of CS graduates will be solved? Probably.
Is it going to go back up in the sense that CS graduates will be given 6 figure salaries and VIP treatment? 0% chance.
How will the oversupply be solved?
The salaries will become low enough that people will give up on getting a Cs degree
I agree with this. A big chunk of the supply was not from fresh 4-year graduates. There are several postbacc programs in the US that target career switchers, which are already seeing their enrollments tank within the last year or so. People are less willing to spend more money on a 2nd degree if they already have a stable but undesirable career if it no longer seems that software engineers get significantly higher pay.
If nothing else, eventually people will leave the field, and fewer new grads will enter the field. Might take 20 years though, who knows.
As a current nerd, I don’t know where our future nerds will go instead. I went from maths to a software factory full of mech/chem/electronic engineering grads who realized at around graduation time that there’s not a whole lot of engineering happening in the US. With that outlet shrinking, will
s start proliferating?