U are not the only one, mate. Few folks actually end up doing real engineering work.
I am trying to convince my nephew to end up pursuing Petrochemical Engineer instead of Geology.
The problem is the out sourcing that is taking place in the USA. I remember when I was interning I used to work with Indian guys whom most of them had PhD and they were making less then $15 an hour.
You can't compete with that. I have student loan and other things to pay, so I can not settle for less. The whole reason I majored in engineering was to make the big bucks. That was before out sourcing was the coolest thing to do.
Lately undergraduate degree does not do a thing.....go for graduate degree, that is what I'm doing and my employer pays for it...Its win win situation.