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It makes no sense because if the semiconductor industry only hires the absolute best student of the cohort, that's a way higher barrier of entry than software where 90% of the students in my coding class is now working in MANGA. That should guarantee an insanely high pay for the semiconductor engineer. Instead he's currently making less than what fresh grad MANGA hires are paid.

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But you said they hired 1 person out of a class of 20? Obviously the few who get in can't ask for a high salary with that many candidates per position.

>But you said they hired 1 person out of a class of 20? Obviously the few who get in can't ask for a high salary with that many candidates per position.

Obviosly they can, assuming that these companies hire "only the best". That means that in the demand/supply calculations, the demand is not for "graduates of semiconducting programs" but "only top top graduates of semiconducating programs, ignore the rest".

That's in much shorter supply, and means that 95% of the "class of 20" aren't even considered worthy as candidates, and aren't competition for those top semicon jobs. They'll need to find work in another field (like switching to software), or low level semicon jobs.

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