They're the ones applying for experienced full stack developer positions...also we're not doing gotcha-style whiteboarding. It's literally 'take some basic thing and break down how it works' -- we don't even require it to be something in code. Some guy came in and gave us a data model for a flush toilet and nailed it.

If the self-taught/bootcamp junior programmer can nail it while you can't and are asking for twice+ as much money, how do I justify hiring you?