And a Job When You're Done?

More than 60 percent of people who earned a science and engineering PhD in 2011 had a job or postdoc lined up for after graduation.

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That doesn't actually sound

That doesn't actually sound too encouraging considering that historically, the student usually has pretty flexible control over delayng the denouement of their efforts until they have their next situation all lined up. In other words, 40% of slave wage students are being shoved out with nowhere to go.