I also think that's one reason.
Where I'm from (Norway), the majority of computer science and software engineering studies do not have the same math requirements as, say, engineering or math/physics/etc. - nor do they have the same amount of math as the latter ones.
When I did my CS classes as an engineering student, I did meet a bunch of students that viewed math as some niche subject only relevant to those that wanted to work with computer graphics, computational stuff, or similar.