Is the academic job market a Ponzi scheme?

The World

Going back to school for a masters or doctorate degree may seem like a smart move in this economy. And universities are happy to get grad students, upon whom they rely for inexpensive, labor-intensive research and to teach undergraduates. But while getting a PhD might stave off the job search for five to seven years, the prospects for getting a teaching job at a university afterwards are slim. The long-term professional positions will be few and far between. The Bureau of Labor Statistics estimates that while academic positions are expected to increase by 15 percent over the next ten years, most of those positions will be for graduate assistants and non-tenured instructors. Is it a “social trap”, with academic hopefuls getting the short end of the stick?

Dr. Monica Harris thinks so. The Takeaway speaks with the social psychologist from the University of Kentucky, who has quit taking doctoral candidates because she “doesn’t want to be part of the problem.”

Are you with The World?

The story you just read is available to read for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, the reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.

When you make a gift of $10 or more a month, we’ll invite you to a virtual behind-the-scenes tour of our newsroom to thank you for being with The World.