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To be fair though, PhDs, if they are actually willing to go outside of the academic market, can do fairly well in jobs that people usually overlook.
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<p>I never said that those with PhD's can't find decent jobs outside academia. In fact, I discussed this very point in an old thread when I stated that some of those hanger-on adjuncts and gypsy lecturers who are frustrated with their lot in life need to give up and do something else, like teaching in high school. If you're happy being an untenured adjunct and lecturer, then fine, you should do that. But if you're not happy, and there's little chance of your getting tenure, then you probably ought to consider leaving academia, and if you refuse to do that, you have nobody to blame but yourself. </p>
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And you seem to suggest that people with history BAs are all poor and on the streets, which is pretty far from the truth. I know history BAs making decent salaries. You have an obvious hard science/engineering bias, but the reality is history majors do find jobs. And not McJobs, either
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<p>Did I ever say that ALL of them end up like that? I don't think so. But you know as well as I that many do. And look, I'm not just picking on the history majors. Plenty of college graduates from plenty of majors end up in crappy low-level jobs, even science majors and on occasion even engineering majors. I've seen plenty of college graduates waiting tables, clerking at the mall, collecting change at the toll booth, delivering pizza, and all sorts of other low-end jobs.</p>
<p>Look, the reality is, there's a lot of crappy jobs out there. Not everybody who graduates from college gets a decent job. Plenty of college graduates end up taking crappy jobs. What a wonderful world it would be if every college student out there had a great job waiting for them upon graduation. Unfortunately, that's not the world we live in. </p>
<p>And the truth of the matter is, this sort of thing is far more prevalent amongst the humanities students, and to a lesser extent the social science students, than it does with the hard science and engineering students. That's an indisputable fact. Look at the starting salaries of the science and engineering students vs. the humanities students. The truth is, like it or not, technical degrees tend to be more marketable than nontechnical degrees. Not every time, and not for every person, but the tendency is clear. </p>
<p>Hence, my point is, if you're faced with a choice between stocking shelves at Target and studying for your doctorate, I'm thinking that the latter is looking pretty good, particularly if you can get a cushy grad-student fellowship and stipend. </p>
<p>In fact this is precisely the sort of thinking that the history majors that I know went through. They're in history doctoral programs right now, even though they've said they've admitted they never had a clear reason for going. When I asked them why they went if they had no clear reason to go, their answers were simple and candid - their undergrad degrees couldn't get them decent job offers. </p>
<p>Now it should be said that they did graduate in the teeth of the recent economic downturn and things are better now, but still, I think it's not news to anybody that when the economy declines, grad-school enrollments increase. Depending on the economy and your own personal circumstances, sometimes you really are financially better off being a graduate student than working.</p>