Universities are offering doctorates but few jobs
Graduates frustrated by the lack of tenure-track positions available amid budget cuts are looking off campus. Many find work that wouldn't have cost them years in school or put them deep in debt
As they walk in hooded robes to the strains of "Pomp and Circumstance," many students getting their doctorates this spring dream of heading to another university to begin their careers as tenure-track professors.
But when Elena Stover finished her doctorate in September, she headed to the poker tables. Frustrated with the limited opportunities and grueling lifestyle of academia, Stover, 29, decided to eschew a career in cognitive neuroscience for one playing online poker. She got the idea from a UCLA career counselor, who was trying to help her find employment.
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"The job market is abysmal, especially within the academic system," said Stover, who spent six years getting her doctorate at UCLA.
It has never been easy to find a tenure-track teaching job. But this year, dwindling endowments and shrinking state budgets — especially in California — have made that goal more elusive than ever. Now, many graduates with doctoral degrees are finding themselves looking for jobs outside universities — jobs they probably could have gotten without five to six years of intense schooling and tens of thousands of dollars of education debt.
http://www.latimes.com/business/la-fi-phd-blues-20100604,0,1917796,full.story