<p>Unfortunately, few career surveys at universities seem to go back that far.</p>
<p>The one for MIT is here: <a href=“http://gecd.mit.edu/sites/default/files/graduation02.pdf[/url]”>http://gecd.mit.edu/sites/default/files/graduation02.pdf</a></p>
<p>Students in course 6 (electrical engineering and computer science) appeared to do well, but a look at the list of job titles and employers indicates that many of them went to alternative jobs (finance and the like, given that MIT is a target for such recruiting).</p>
<p>But, anecdotally, the job situation was really bad in Silicon Valley, when small companies were folding every day and big companies were having massive layoffs. But that may be because the tech bubble inflated the most there – there may have been less a bubble but also less of a downturn in other areas (e.g. DC area with lots of government and related work).</p>
<p>As far as the future goes, the future is not necessarily predictable, although the kind of outlandish business plans that startups were being funded for during the bubble do not seem to be as common now. But the massive influx of students into CS majors (Berkeley and Stanford are now seeing 700+ student enrollments in the introductory CS course for majors) may be worrisome if there is even a smaller downturn.</p>