You're getting screwed, and probably taken advantage of. I've been there before. A significant raise is unlikely, especially since they're OK with dramaticall

You're getting screwed, and probably taken advantage of. I've been there before. A significant raise is unlikely, especially since they're OK with dramatically underpaying you now. It reeks of poor ethics, and companies like this think every one is expendable (except the inner circle of management). Don't blame the degree; I have a history degree. That stuff is only important before you have experience. You have it. The company knows you're good, degree or no degree. And they're still doing this to you. You should be shopping for a new job. You're in a field where you're in high demand. Take advantage of that and don't look back. You can get a contracting job making 40k+ no problem, and in a couple of years you can add 20k more to that. The disadvantage to this field is that you jump around a lot, but understand that it's to your advantage and businesses are used to programmer turnover.