Earlier quoted context omitted.
As someone who went to school for English in 2000, I can say that while those jokes existed the context here is misunderstood, they were told by business majors about the liberal arts, or anything academic. Heck in 2000 a CS degree wasn't positioned as that much more valuable than an English degree, and if you looked at the preceding decade you'd see that was statistically true. The change for the current generation…
> in 2000 a CS degree wasn't positioned as that much more valuable than an English degree Ha! By whom? We had a pretty good idea that it was a solid choice in the early 90s and before. We teased my older brother for going for a bachelor's in business while I went into CS, because we were pretty sure the CS degree would be worth a lot more. He's doing just fine, but mostly because he backfilled the equivalent of a CS…
The glut of graduates that have come off the pipeline due to the hot tech sector prior to the bust fell off after 2-4 yrs. This actually led to the huge lack of supply of CS graduates in the ensuing decade!
I think it is partially responsible for the high salaries that CS graduates get (of course, it's a small portion of the cause, the bigger factor being huge growth in the sector).