Too Many PhDs?

I  just read (or rather listened to) the article in the Christmas edition of The Economist  on Doctoral Degrees entitled “The disposable academic: Why doing a PhD is often a waste of time“. The article makes a good job of summarizing the issues with the growing number of PhD student and their job prospect. I know the situation first hand (although, even if I had not found an academic position, I would not regret the undertaking).

Yet, in the particular position of a young professor, how is one to address the issue, when there is so much emphasis on “HQP” (Highly Qualified Personnel), as examplified by the compulsory section on HQP training in all grant proposals (e.g. the discovery grant)? I feel that ignoring these requirements would be unwise on the path to tenure…


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