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The Plight of the Education Bubble

January 18th, 2011 | 2 min read

By Andrew Walker

My friend Christopher Benson sent me this article the other day and it begs a wide reading. Foreboding as it is, “The Disposable Academic: Why Doing a PhD is Often a Waste of Time” is both clarifying and sobering. I’ll let interested readers scan the article for the statistics it cites, but the article is largely a jeremiad against the PhD degree—its difficulty, its expense, its orientation towards the arcane and absurd, and worse, its liability both professionally and financially.

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