It's not like grad school is just as good as a job from an economic perspective. There's no way for NACE (or journalists) to figure out whether those attending

It's not like grad school is just as good as a job from an economic perspective. There's no way for NACE (or journalists) to figure out whether those attending grad school are doing so because of an inability to find a job. This is reported as ambiguously as we'd expect from ambiguous data.