Ph.D. Not sure route to Middle Class?
Basically schools are over producing PH.D's with a benefit to the school, but not to the students.
Graduates have:
The Academic Coin Toss - The American Interest
What was not mentioned is there is also a huge drop out rate for Ph.D's, as well as the cost.
Graduates have:
- Poor job prospects
- Only 50% find tenure track positions
- Keeps the market flooded cheap adjunct faculty (which explains recent moves at some colleges for unionization of adjunct faculty).
The Academic Coin Toss - The American Interest
What was not mentioned is there is also a huge drop out rate for Ph.D's, as well as the cost.
Labels: college, college admissions, Education
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