The coding-equals-prosperity promise has officially collapsed.
Fresh computer science graduates are facing unemployment rates of 6.1% to 7.5% — more than double what biology and art history majors are experiencing, according to a recent Federal Reserve Bank of New York study. A crushing New York Times piece highlights what’s happening on the ground.
The individual stories are surreal. Manasi Mishra, 21, graduated from Purdue after being promised six-figure starting salaries, only to receive a single interview, at Chipotle (she didn’t…

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