These two articles were posted on another board but really interesting and true in some respects. One talks (among other things) about the negative issues with grad school and even mentions the devaluing of PhD's by the less strenuous for profits which have no credibility in academia but are increasing the number of "Drs". 100 Reasons NOT to Go to Graduate School The next article talks about the reality of the job market for those earning PhDs to enter tenure positions in the humanities. It mentions something talked about here (the general grade inflation and glowing recommendations that makes everyone think they are top notch when applying for entrance to traditional doctoral programs). The author said he used to get very angry letters from applicants. Graduate School in the Humanities: Just Don't Go - Advice - The Chronicle of Higher Education I think the thing is to be realistic and realize that you may spend years working towards a doctorate and not secure a tenure position but rather work in adjunct jobs OR must be willing to look for alternative employment in industry or government work. Many of the people on this board are not trying to get doctorates to secure jobs teaching at State Universities or Ivy League institutions but for their own personal satisfaction.