I guess most Harvard grads go where the money is.
EDIT: But a bit more related to the OP, when I studied EE (undergrad) in a college with close ties to the oil and gas industry, we were all wined and dined by big oil for the last 2 years.
During one of those dinner events, hosted by a big service company, they told us to just sign our names and major on a form they passed around - if we did that, we'd get a job offer in the mail a week later. Some of the larger oil (production) companies guaranteed free housing for the first two years, and they'd cover 50% of the mortgage for 5 years if we decided to purchase a house. That was on top of a high starting salary w/annual bonuses.
Should be mentioned that this was during the height of a boom cycle.