At least one does not need to support a family at that time and has ample time to find a job. But if the whole industry starts to dump people and you are in 40s

At least one does not need to support a family at that time and has ample time to find a job. But if the whole industry starts to dump people and you are in 40s, good luck... Actually, I graduated right after the 08/09 crash and had to go into graduate study shortly. After graduation as a Ms.c it still took me a few years to get an IT job (master has nothing to do with IT). But if I'm fired right now, I really have no confidence that I can easily grab an equivalent job. Part of the reason is that during these years I had to hop a few jobs to reach something I really want to do, so my experience in the field is very little (<= 2 years).