“Your PhD degree is a waste”. That is the message you might get, after going through the detailed statistical analysis in Jordan Weissmann’s article in The Atlantic… While students toil through their PhD-s at minimal pay rates, they have the belief that once their PhD is over, they will get a decent-paying job of their liking. But data released by National Science Foundation shows that unemployment among PhD-s is rising… In such a situation, what does the PhD do?
