As recently as the 1999-2000 academic year, the most sought after graduates were those completing degree requirements in a wide variety of information systems based programs. Many graduates were enticed by lucrative signing bonuses as organizations prepared for the dreaded uncertainty of Y2K. Information systems and computer science programs and courses were in great demand as most students wanted to demonstrate that they had developed significant competency in using computers and understanding the value of information systems. This paper will examine the impact of today's offshore outsourcing movement. It will also include a discussion of the potential impact on education programs as a result of a decreased number of entry level career opportunities and a commensurate decline in interest in information systems education. [For complete proceedings, see ED490093.]