Ph.D.s in America on the decline

Discussion in 'Off-Topic Discussions' started by decimon, Aug 19, 2005.

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  1. decimon

    decimon Well-Known Member

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    Da story be here.
     
  2. Jack Tracey

    Jack Tracey New Member

    Here's my tired, late-night thoughts on this (having barely read the article).

    1) Somewhere in there they've neglected to factor in the "baby boomer" effect. Of course there's fewer PhDs! There's fewer people in that age range (please don't get on me about "age-ism" statistically there has just got to be an average age at which someone has either earned a PhD or they won't. We know there's exceptions because we at degreeinfo are all about exceptions, we are the exceptions.) I would think that you'd need to show a decrease in the percentage of PhDs relative to the entire age-range population. Or something like that. Not just a straight numerical value.

    2) Maybe Americans within that age-range are going for the big bucks. All those tenured professorships are tied up by the baby boomers. The younger people, smart as they are, are not wasting their time in a competition they can't win. Get the MBA and make a killing in the business world. Yeah, that's the ticket.
    Who needs a PhD?

    3) Who cares if China and India produce more PhDs? They all just move to the USA anyway.

    It's late.
    Jack
     
  3. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    Debra Stewart of the Council of Graduate Schools rues that the grad schools don't do so well explaining non-academic employment opportunities to prospective doctoral students. Try this one on for size: learn to write interestingly enough that people will actually buy your stuff and then start your own self-publishing business. Or you could make your own academic employment by going together with several degreeinfo buddies to co-found your own university.
     
  4. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Somewhere in there they've neglected to factor in the "baby boomer" effect. Of course there's fewer PhDs! There's fewer people in that age range (please don't get on me about "age-ism" statistically there has just got to be an average age at which someone has either earned a PhD or they won't. We know there's exceptions because we at degreeinfo are all about exceptions, we are the exceptions.) I would think that you'd need to show a decrease in the percentage of PhDs relative to the entire age-range population. Or something like that. Not just a straight numerical value.

    That's an interesting point. It's all about where the flaws in any study are.

    Maybe Americans within that age-range are going for the big bucks. All those tenured professorships are tied up by the baby boomers. The younger people, smart as they are, are not wasting their time in a competition they can't win. Get the MBA and make a killing in the business world. Yeah, that's the ticket.
    Who needs a PhD?


    That's an interesting point too. I wonder how old the average retirement age is for tenured professors is. I have a feeling that it's later than most other lines of work, and maybe a lot later. Anyone have any data?

    Who cares if China and India produce more PhDs? They all just move to the USA anyway.

    I strongly disagree. I think the world is changing, and that this kind of complacent thinking can only hasten the U.S.'s decline.

    But then, you said it was late. :)

    -=Steve=-
     
  5. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Debra Stewart of the Council of Graduate Schools rues that the grad schools don't do so well explaining non-academic employment opportunities to prospective doctoral students. Try this one on for size: learn to write interestingly enough that people will actually buy your stuff and then start your own self-publishing business.

    Of course, that involves writing well, and marketing well. I'm not sure that's for everyone. But you're right that people don't think of all the things they could do with a PhD outside academia. Expert witness testimony is another example.

    Or you could make your own academic employment by going together with several degreeinfo buddies to co-found your own university.

    There was a thread on that at one point, but it didn't seem to go anywhere. Most people were convinced that the expenses would be such that it would be difficult to raise the money needed. I gathered from this that there aren't any successful entrepreneurs who know how to raise money around here.

    -=Steve=-
     
  6. decimon

    decimon Well-Known Member

    Steve,

    Movimiento Libertario - not your father's Guevara. ;)
     
  7. nosborne48

    nosborne48 Well-Known Member

    Of the 60 or so J.S.D. degrees awarded each year, maybe a dozen go to U.S. students. "T'was ever thus", I guess. If the money is better OUTSIDE the Academy, why go deeper into debt just to stay INSIDE the Academy?
     
  8. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Ha! Funny you should mention that -- I've actually a former member of the Costa Rican congress who was elected as the Movimiento Libertario candidate. He's now working on autonomy and a free market system for the Limón province there.

    -=Steve=-
     
  9. decimon

    decimon Well-Known Member

    Probably more practical than Laissez-Faire City.
     
  10. nosborne48

    nosborne48 Well-Known Member

    If we founded our OWN University, what would we call it? Kennedy Eastern, maybe?
     
  11. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    How about "University of Albany", just to show Excelsior how it's done? :)

    -=Steve=-
     
  12. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    I finished my MBA Entrepreneurship 13 years ago and my MBA Marketing 12 years ago. I've never done much with either, except some sporadic business tutoring. So, no, I am certainly no expert on how to raise venture capital. I think the problem with that thread was that the thread-starter's ideas were perceived as a bit millish. That said, if one developed the business plan and had credible numbers on initial start-up costs and followed that up with three-to-five-year projections for income statement, balance sheet, and cash flow statement, one might be able to round up the investors, if it were profitable.
     
  13. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    Well, we could ask Gov. Schwarznagger's in-laws if they've still got enough of Papa Joe's Prohibition money left with which to do a hostile takeover on Kennedy-Western and actually run the place the right way.
     
  14. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    The US produced 50% of the world's PhDs in 1970 and will likely produce only 15% of the world's PhDs by 2010. So says the report.

    1. Is this by nationality of the student or nationality of the school?

    2. What proportion of the world's population did the US account for in 1970 and what proportion of the world's population will it account for in 2010?

    3. Are there countries offering PhDs now (or that will be offering PhDs by 2010) that were not offering PhDs in 1970?
     
  15. CalDog

    CalDog New Member

    Somewhere in there they've neglected to factor in the "baby boomer" effect. Of course there's fewer PhDs!

    Valid observation; the number of JDs and MDs is also down relative to peak levels in the 1980s and 1990s. But only by a few percentage points. The decline in PhDs has been much more noticeable.


    Maybe Americans within that age-range are going for the big bucks.

    See "Big Jobs that Pay Badly", a recent story at CNN/Money. Careers with disproportionate ratios of training to pay include liberal arts professor and academic research scientist. Both of these careers typically require PhDs.


    Get the MBA and make a killing in the business world. Yeah, that's the ticket. Who needs a PhD?

    The number of MBA degrees issued annually is currently at an all-time high.
     
  16. Jack Tracey

    Jack Tracey New Member

    OK, it's been a long day, a long week and I'm still a bit tired. Despite that, I don't see that you've made your point. It's clear that you disagree but you've offered nothing in rebuttal that might convince someone to your point of view. My point is this:
    If some smart person earns a PhD in a non-US country and then uses their resulting marketability to move to the US, work for some US company, or agency or government office, etc, They get their citizenship and become "American," how is this a worse scenario for the country than if they were born here and earned their PhD from a US school? We, as a country, receive the benefit of their skills and knowledge.
    Also, you mentioned that this would "hasten the US's decline." I do not concede that there is such a "decline" and would ask that you document this. I do not concede that a decrease in the number of PhD's constitutes "a US decline." I also do not concede that hiring foreign educated PhD's would not "hasten" anything negative.
    Just trying to understand your point.
    Jack
     
  17. downwithmediocrity

    downwithmediocrity New Member

    One somewhat-relevant fact: the current regime is anti-science and strangling science budgets.

    But watch perhaps for an increase in Ph.D.s in Intelligent Design... Hey, how's that as a business idea for the Kennedy-Western "Universities" of this world - start a Creationism program!
     
  18. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    Speaking of which: There used to be a school called the Institute for Creation Research listed in Bear's Guide 9th edition (1985)? Anyone know what happened to it?
     
  19. Jack Tracey

    Jack Tracey New Member

    1) Who are you referring to when you say, "the current regime?"
    2) Who's science budgets are allegedly being strangled?
    Jack
     
  20. decimon

    decimon Well-Known Member

    Re: Re: Ph.D.s in America on the decline

    1. Good question for which I haven't an answer.

    2. It's not just percentage but absolute number of Ph.D.s that is down.

    3. Another good question for which I haven't an answer but I would point again to the declining number of American Ph.D.s. If the article is not somehow misleading then there is a downtrend in that number.
     

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