I've literally never seen a challenging and well run project in almost 10 years in this business. Always late, always overstaffed, always endless meetings and poorly trained people that nevertheless earn well above the median wage so the incentive to improve onself is almost zero and the attitude is "we're better than the rest of humanity. We deserve all, the rest deserves nothing."
I did an Electrical Engineering faculty. I know how hard it is to do math and physics and all that. But since there's such an easy money to be made from slinging yet another website or a stupid mobile app with these dumbed down languages, the interest in the sciences and anything more complicated slowly wanishes. We'll pay the price eventually. Maybe not now, maybe not in 10 years, but eventually. We're too comfortable.
"There existed no need on Caladan to build a physical paradise or a paradise of the mind — we could see the actuality all around us. And the price we paid was the price men have always paid for achieving a paradise in this life — we went soft, we lost our edge." - Dune
(I'm from Eastern Europe)