I think those jobs are a myth. You probably get like a 20% premium for using COBOL, so if you look up the salary of a Cobol consultant in America it’s going to seem like an enormous salary on an absolute scale.

But so is a C++ consultant in America or whatever. Probably not worth learning COBOL for.

Feel free to correct me if I’m wrong, but I have looked once or twice and the COBOL salaries seemed entirely normal.