number of jobs is one factor. there's no MA program for engineers isn't it? Only a handful. so where do these engineers go? they end up in other industries. coupled with low pay for engineers, the problem worsens. some engineering jobs have really high pay, but few available and only for experienced. what happens? low level engineers get squeezed, high level engineers getting paid better.
i'm no surpised if many of these elite investment banks have engineering degrees.
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