Whenever a discussion opens about nonacademic employment for Ph.D.'s, it isn't long before someone suggests reducing graduate-school admissions. "The market for full-time scholars has fallen off a cliff lately," this argument goes, "so why not just train fewer of them?"
The strategy to reduce the number of Ph.D. students recurs in those conversations because it's sensible. When there's insufficient demand for professors in the marketplace, the simplest response is to decrease supply.
To read the full, original article click on this link: What if We Made Fewer Ph.D.'s? - Run Your Campus - The Chronicle of Higher Education
