Although some analysts say the market is ready to rebound, some students believe that the white-hot technology sector is cooled down for good. Adam Kim, junior in engineering, declared his major in electrical and computer engineering because of a surge of interest in the technology field. However, because of the market's state, Kim is now considering other majors. Other students, like Matt Kramer, sophomore in engineering, do not have such negative views. Although Kramer feels that the market is indeed slowing down, he said the technology downturn is a warning call rather than a death knell.
People are no longer willing to pay money for a crazy idea or something with 'dot-com' on the end.
However, enrollment in the College of Engineering shows no signs of student fears. In fact, the number of applicants to the computer science program at the University has increased over the past ten years, Kamin said. The only reason that number of students in the college has leveled off is because of an increase in entry requirements. Thanh Khong, freshman in engineering, is not worried about the future of the technology industry. He believes the market will come back and that engineers will be recruited heavily.