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Strategies & Market Trends : Asia Forum
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To: Bosco who wrote (8593)5/28/1999 11:11:00 AM
From: DMaA  Read Replies (1) of 9980
 
** OT ** Why Johnny doesn't want to go to grad school?

Maybe Johnny knows that in many cases it's a dead end.
Did you see this little comment in the WSJ the other day?

WSJ Notable Quotables:

Peter Brimelow in Forbes, May 31:

The great American Ph.D. machine is out of control--in part because it's fueled with taxpayer money. . . . Graduating into unemployment is a disturbingly common experience for new Ph.D.s. Unemployment rates in 1997 reached 8.8% and 7%, respectively, for obviously useless subjects like English and political science. But they are surprisingly high as well for hard sciences like biochemistry and computer science. . . . Supply and demand don't match in science education because supply is subsidized. Only a third (32.3%) of science and engineering grad students are self-supported.

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