>> Many cs grads go into bs jobs way under their potential (random government agencies, contractors.)
Why are those jobs deemed bs?
Because many of us went into the field bright-eyed, thinking about working on cool products, designing the latest algorithms, or being part of world-renowned teams. NOT to run the nightly batch job for the Massachusetts Depart of Family Services wage garnishment system. NOT to fix bug tickets at the local tax office's COTS implementation, while all the actual software is built elsewhere. NOT to work as a contractor without benefits.
Just look on Linked In, filter by Northeastern CS, see how many people have green semi-circles. Look at where people are landing jobs. Filter out nepo-hires, which are easily visible (e.g., jumping into leadership role straight out of school)