'You should do it, man!' Yeah, sure. I'd already suffered through the liquidation of my entire department in 2018, the prospect of the heat around COBOL dying down and facing that once again with the additional stain of 'oh, what've you been doing? Cool, popular JS frameworks? No, COBOL? Pass.' on my CV during my next round of interviews didn't seem at all appealing.
That mentality should set the expectation for anyone looking into a COBOL job. It's not just this job, it's the next one.