Information Tech, to be more specific, software engineering. The 70K entry Fresh grads aren't coming in at $70K. Try $50K. Here's the salary range for a Software Engineer I in San Diego.
Actually, that figure is correct for B.S. Not for masters new grads.
And there is a fine line between software engineer versus and I.T. "programmer" that mistakenly is classfied as engineers". BTW. I.T. workers aren't typically considered high tech/engineers. Programmers are easily replaceable. If you're in the field and you don't know the difference, that's part of the problem. And if you work for a company that doesn't know the difference, that's also a problem: Part of a well run company should know when do do things here, when to do it overseas, and when to hire a contractor(s).