<p>Ok. I see what you mean and it makes sense. However, looking at the graduation rates, there can't be THAT many people who flunk out of schools - it would be a vast minority. And flunking out isn't exclusive to engineering too.</p>
<p>Another "bad deal," that I have in mind, are people who go to elite schools and do engineering mainly for the salary, in which case they would've been better off doing economics or buisness for the sake of the workload.</p>