As an individual with an IT Startup, I have to agree with this article. I certainly don't have the money to pay for PhD-level talent, but I'm in dire need of s

As an individual with an IT Startup, I have to agree with this article. I certainly don't have the money to pay for PhD-level talent, but I'm in dire need of skilled individuals to implement the technical side of my business plans and maintain them. I think it's critical that we stem the tide of over-educated people entering the workforce in America and the best way to do it is FUD-y articles like this that exaggerate every negative aspect of the academic environment to the extreme. Just because you have the opportunity and resources necessary to get a PhD, doesn't mean you should take advantage of that and improve your possibility in life dramatically. Chances are you'll end up moving to a European country where all the successful startups seem to be based anymore.