I am not saying that the MIT (Massachusetts Institute of Technology) person took the job...he prob rejected it and stayed in the US prob earning $200k/yr even in this economic situation.

MIT is arguably the best technology uni. in the world.
You cannot call someone who gets in a idiot.
High school students have to "sell" themselves more to just get in than u prob had to to get a job here.

I'm sure these guys know how to sell themselves. Its just that over here there is a limited value on education and experience.