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15-20 years ago, people generally thought that software jobs would be outsourced to low-cost countries. CS enrollments were low, because people didn't believe i

• dragonwriter 3y ago
  > 15-20 years ago, people generally thought that software jobs would be outsourced to low-cost countries. CS enrollments were low 19 years was ago was the highest peak before the boom in the last decade, and even at the bottom of the short trough after that, more CS degrees were awarded that any time before the 5 years before the peak > CS enrollments were low, because people didn't believe in the tech job market anymore. Ambitious STEM graduates who wanted a lucrative career went to finance instead. Nope, business, finance, and humanities dropped—less sharply, except business—at the same time CS did; natural sciences, health, and medical science curved up at an accelerated rate (which continued even after CS picked back up).
  • jltsiren 3y ago
    Degrees are a lagging indicator. The people who graduated in 2004 started their studies near the peak of the dot-com boom. The trough that followed went below the peak in the mid-80s, meaning that people thought CS less relevant in the mid-2000s than in the early 80s. And the ambitious STEM graduates (not business/finance graduates) went to finance, because that's where the good jobs were.