Hardware is artificially underpaid work, good positions are sparse in the US, and generally most engineers end up in niche coding environments.
Most people that land a successful long career, also refuse to solve some clown firms ephemeral problems at a loss. The trend of externalizing costs onto perspective employees starts to fail in difficult fields requiring actual domain talent with $3.7m per seat equipment. Regulatory capture also fails in advanced areas, as large firms regress into state sponsored thievery instead.
Advice to students that is funny and accurate =3
"Mike Monteiro: F*ck You, Pay Me"