I just read the survey results of Stanford grads. The outlook appears very positive. Average salary for bacherlor's degree was $80k. Master's average was $94k. And PhD average was $132k. In addition to the salary, most were offered goodies like stock options and signing bonuses.
This seems in line with the average Carnegie Mellon bachelor's degree starting pay of $85k. Note that most of Standford's grads work in the San Francisco Bay area. So the salaries might be higher due to the cost of living there. Stanford is also not your run of the mill university.
I visited a small college not known for its computer science program. The department chair said that grads with bachelor's degrees made aruond $60k. And master's degrees commanded over $80k. Not bad at all.
A Little Bit of Crypto - I have been trying to figure out to "collision resistant" some of these standard hash functions are. It is a tough concept to get my head around. I figure...