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Reply to "Started my PHD and parents think I’m making a mistake "
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[quote=Anonymous][quote=Anonymous]Keep in mind that the stats cited include all Ph.D's currently employed, which include many full professors in their 70s and some in their 80s. I know of at least a half dozen in this category who are earning big $$$ but they got tenure long before the current trend of hiring adjuncts to teach all undergraduate courses. Look at data for PhD's in their 30s and 40s for a realistic view.[/quote] Not only that, it's across all PhDs, not just social sciences. Sure, if you get a PhD in engineering or computer science, you're going to have a big salary -- you'll get a job working at Google or some place like that. I say look at it this way -- show me any social science PhD-granting department in the country. I guarantee you they are graduating more PhDs every year than they are advertising job openings for PhDs in the same department. It's a massive over-supply of PhDs, while not creating the demand for them.[/quote]
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