[markdoubleyou]

COBOL is used in industries that view IT and software development as cost centers. As such, these departments have been subject to decades of ruthless cuts and offshoring.

So now the chickens have come home to roost, and there's a skill shortage. You'd probably end up at Fiserv, or maybe at a big bank or some gov't agency that'll drop you at the first opportunity. You'd get a decent salary, but not a massive one.

You'd be better off working at a place that views your development effort as something that generates revenue. Rewards tend to be higher. And wherever that ends up being, they almost certainly won't be using COBOL.