Are you thinking about applying to a PhD program? Are you already a doctoral student? PhD is a huge investment of time and money. So make sure you spend 15 minutes of your time reading this blog devoted to PhD program success and survival tips. I'm confident that these tips can save up to 10 years of your life, up to $1,000,000 of your money, and, most importantly, your physical and emotional health.

Friday, May 22, 2009

Thinking About Grad School? Think Again

By Marty Nemko

A Rand Corporation report concluded that universities granted 25% more doctoral degrees in science and engineering than could be absorbed by the workforce..."Rand charged that universities are oblivious to the job market...Thousands from other professions face the same situation.... An amazing 16% of newly minted MBA graduates of Stanford University were unable to find jobs. Less prestigious business schools fared even worse... Experts project that of the millions of university graduates, only a mere 20% will find the well-paying, challenging jobs for which they were trained." (Phi Delta Kappan, October, 1997.) Now, graduate schools admit even more students.

Caveat emptor.

1 comment:

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