[redwood]

The most popular major is probably business which is a little generic or hand wavy and I bet if you were to look at people who study more practical topics you see a much lower rate of unemployment.

Another part of it is of course the prestige of the institution. If everyone has a degree it's not what it used to be.

I definitely agree with other posters though that once you're in a remote work environment is South America really that different than another neighborhood or City if that same amount of money could bring in a more senior person with experience why hire the green? I think a key part of hiring green folks was culture and having young people around the office but that just isn't what it used to be.

The vibe shift seem to correlate with the general feeling that we're all busy and we really want to spend time babysitting a new grad versus all working hard with experienced people it's almost like once you're too busy it becomes a self-fulfilling prophecy that it's hard to spend time ramping people which is such a short-sihted thought.

Still I think in the fullness of time people will realize that eventually you do need to be bringing the next generation into the company and so this might be a temporary fad.