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Gunnar_Zarncke comments on A puzzle concerning CS major vs. engineering major salaries - Less Wrong
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The CS graduates from top schools disproportionately end up in Silicon Valley, where salaries are much higher than in other places, as is the cost of living. Mechanical engineering doesn't have a very large Mecca of its own.
(this post might have been better as an Open Thread comment)
My first though was also along this line: Mechanical and other non-electronics-related engineering is mostly an established (read: CMM 4-5 level) fundamental part of our society where advancements or economically impactive progress are made only by the >99% percentile - at least that is my impression. Sure technology progresses here but it doesn't make economical sense to excessively invest in brains.
CS on the other hand is not as established. Actually we haven't reached the anything worth the name 'software engineering' even though this is demanded all the time. Our best working methodology is called 'agile' and far away from CMM 5. So in such a dynamic environment brains and talent make a difference. And I think this is what translates into a long tail of occupations, jobs, startups that have a sore demand and obviously are willing and able to pay much more than could pay back for normal engineering.
Also compare with blue/red ocean strategy.