RE: LeoThread 2026-03-05 16-42

A recent Stanford CS grad finished last month with $180k in debt and a 3.8 GPA
Applied to 847 entry-level jobs since January
Received three phone screens and no offers

Interviewed at a Series C startup in October; the hiring manager said bluntly
We used to have 8 junior engineers. Now we have 2 seniors with Cursor and they ship faster than the old team of 10

His roommate who graduated with him is driving for DoorDash

The career services office still tells students that "software engineering is recession-proof" while their alumni data shows 67% of 2023 CS grads are still unemployed or underemployed

Meanwhile offshore contractors in Hyderabad are getting $35/hour to do senior-level work using Claude 3.5
The same work used to go to American new grads for about $140k total comp

His internship manager from last summer was just laid off — a team of 12 mobile engineers replaced by three contractors and a React Native AI agent

Bootcamp grads from 2022 who landed $120k offers saw about half of them managed out during "performance reviews" that were really AI productivity audits

He's $180k in debt for a degree in a field that stopped hiring humans at his level around 18 months ago
But sure, keep telling kids to "learn to code"