That's a good point, but again this only applies to some types of PhDs. Maybe a computer science PhD would be useful to you in a position like this. But a liter

That's a good point, but again this only applies to some types of PhDs. Maybe a computer science PhD would be useful to you in a position like this. But a literary criticism PhD would not. Fortunately, not too many of those folks are being graduated. http://statista.com/statistics/185353/number-of-doctoral-degrees-by-field-of-research/ http://statista.com/statistics/185353/number-of-doctoral-deg... Although still probably 10x+ the number that the economy can actually support in relevant roles.