Comment by alephnerd

> For a long time people were able to make a living for themselves by studying hard (usually STEM) and end up with a career which payed off

Recessions like the GFC, the Dot Bomb, the early 90s, the Asian Financial Crisis, the early 80s, Stagflation, and others show otherwise.

The extended bull run that SWEs had from the early 2010s to 2022 was an outlier, and the whiplash being felt today is comparable to what law and finance grads faced in the 2010s, accounting majors in the 2000s, and Aerospace/MechE majors in the 1990s.