Back in 2006 some guy ripped off my entire front-end for his ticket selling site in Europe and made the same mistake. I found out when going though my analytics. I blogged about it and actually made it to the front page of Digg (a big deal at the time):
Funny, I dropped out of college and make the same 75k as a developer...and just the other day I was explaining to my friend (with a Masters in CS) why aliases wouldn't work with his cron job. BUT, I was lucky, I STILL had to do the work to learn my field (web dev) and I had a LOT tougher time getting here. I think the one problem I have with some graduates though (not my friend), is this idea that society OWES them a good job/promotion etc... because of their degree.