That's a fallacious argument though, because at the lower end tech jobs pay more than other careers but result in you being exploited by corporations looking to drive wages down.

When I graduated, there were companies offering me 30-40k a year in cities like Seattle. I have friends that could tell you the same story, some who took the opportunity because of the entry level market being saturated.

Bootcamp graduates are often placed in incredibly exploitative contracting environments (often in companies that also underpay, abuse and threaten H1Bs) which are farmed out to larger companies looking to get work done cheap. Though this has just been my personal experience and that of my friends. They leverage desperation.