Wow what a ridiculous article. For starters, only an extremely small slice of fresh-out-of-college developers would get a 120k salary and 300k in bonus and options. This is still absurdly high, if it's even true (and not exaggerated for the purpose of getting an article into the WSJ). I've noticed a sharp uptick in CS grads, and it seems starting salaries are actually nosing downwards. Or at least that's the case here in Boston.

This article is nonsense, and whoever the author is, I guarantee you he has no idea what he's doing.