If you are looking to be a CS graduate entry at a fortune 100 company you are already FSCKED.
Unless you were in the right fraternity at Harvard Bis School you aren't going to climb up the ranks anymore. If you are a non-specialist techie you are going to be outsourced to India, replaced by an H1B, or wherever.
If you are a top school grad you will be snapped up by Google/MSFT/etc. The interesting small companies and startups are looking for either top school grads who don't want to be employee badge #100,000 at Google OR people who have learnt the stuff themselves and done interesting work.
Neither fortune 100 nor startups want people clutching their new degree from the sort of places mentioned in the article
