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Computer Engineering Major--Worried About H1Bs/Offshoring

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I am a Computer Engineering major at a University in Kansas. I keep hearing H1Bs and Offshoring are depressing wages and displacing IT/STEM workers. Furthermore, Congress has been lobbying aggressively to raise the cap on Visas. I have also heard it's hard to find a job after you turn 40. Is this a problem in the Midwest as it is in Silicon Valley or New York? This is concerning me enough to consider switching majors. Otherwise, I guess I could go into something that uses my skill set indirectly (e.g. Sales Engineer, Actuary, Patent Attorney, Consulting, etc.). However, I really enjoy my EE/CS classes and would really like to do that when I get out.

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