Readers of Minding
the Campus are familiar with the argument that universities produce far too
many graduates in "impractical" humanities majors. This point applies
especially to graduate education in the liberal arts, where today's students
are welcomed into a leftist fellowship with poor job
prospects.
Jordan
Weissmann of the Atlantic claims to upend this narrative by showing that
graduate students in the science face increasing dim employment opportunities,
too. Biology, physics, and chemistry PhDs are more likely to be unemployed than
employed upon graduation, and engineering PhDs are only slightly more likely to be
employed. This indicates to him that the United States has a "scientist
surplus," contrary to the lamentations of politicians and industry who
decry Americans' lack of practical scientific skills
His analysis, however, is somewhat incomplete. He does not draw our
attention to the data in his own graphs showing that most biology, physics, and
chemistry PhDs enroll in post-doctoral positions rather than start work after
graduation. Since post-doctoral appointments are often a prerequisite to later
advancement--and, in some cases, tenure-track positions--there is little reason
to believe that the bulk of science PhDs take these positions because they have
no other options. If we consider graduates who obtain post-docs upon graduation "successful," then the figure of "unsuccessful" PhDs
becomes less impressive.
Regardless, we still find
that the percentages of unemployed life sciences and physical sciences PhDs at
graduation are around 37 and 31 percent, respectively. Weissmann is therefore
correct to point out that the job outlook for science graduate students is not
as rosy as many make it out to be. However, he does not carry his argument to
its logical extension. Indeed, if prospects for scientists are as bad as he
makes it, perhaps are our universities are graduating too many science PhDs. If this conclusion is accurate, we'll need to
consider ways to make federal spending on scientific training more effective.

