A recent issue of the Chronicle of Higher Education contained an interesting article examining the number of post-grads in the United States on welfare. The author reported that, according to the Department of Agriculture and the U.S. Census Bureau, of 22 million Americans with master’s degrees, 360,000 of them received some form of public assistance in 2010. Between 2007 and 2010, the number of persons with master’s degrees on food stamps doubled, from 101,682 to 203,029. The number of Ph.D.’s swelled from 9,776 to 33,655. That’s scary.
A friend reported that her wife just got a Ph.D. in English, specializing, I think, in modern literature. She reported that there were two college-level, tenure-track jobs available in the United States. I have read similar stats concerning other liberal arts degrees. I have not heard of such dire straights in the legal profession, but, as the Chronicle author pointed out, it is hard to get solid information because many will not admit how bad things are for them.
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