I think it's so sad that the cream of the crop, say a graduating class from nearby CalTech, is going to get scooped up by Wall St. firms to help them essentially figure out ways to gamble with other people's money to generate more money, instead of actually advancing our knowledge, developing better things, etc. What a waste of our youth.
I have an engineering degree and specialise in semiconductor design. Pretty much as advanced as electronics gets. I would have earned way more as a banker and 30% of my fellow graduates went straight into the city.
If society continues to value moving money around more than it values creating better things then the cream will tend to head in that direction.