My brother is a mechanical engineer at Washington University in St. Louis. He gets to have fun now, as a senior, but he has a shit load of work.
He's also looking for a job and there's so much competition. He has gotten a lot of interviews with some really good companies and he either hasn't heard or got turned down. One is with a company that builds boats and submarines for the Navy and they haven't told him yet because obama is trying to end the war and cutting back on spending and therefore they don't know what their job situation will be like.