Warnings over future supply of PhD graduates | Higher | EducationGuardian.co.uk: "Warnings over future supply of PhD graduates
British PhD graduates are more employable than those with first or masters degrees, but there is a danger the supply of doctoral students may dry up, a new study has warned."
Hooray... if there's a shortage... then perhaps they'll start looking at the dregs of the academic world to fill their places and the time will be right for me to strike!!!
Seriously though, when you look at the rewards (financially speaking) of having pursued a higher degree you have to question your sanity. At least in the UK you do. I often wonder what motivates people to go for a PhD when they haven't got funding and they'll end up selling an arm, a leg, half a kidney and their best china to pay for it. I know the drive to study is something that extends beyond the fiscal for many people... but it doesn't surprise me in the slightest that there are issues over finding students when it's simply not affordable in either the short or long term.
Lifelong learning? What's that??