I agree 100% - the people in PhD programs have a long track record of being the best undergrads, the best MS students. They are good, obedient students who trus

I agree 100% - the people in PhD programs have a long track record of being the best undergrads, the best MS students. They are good, obedient students who trust their professors, even when those professors may have obtained their tenure-track jobs in the 1960s and 70s and have no understanding of (1) the opportunities outside academia and (2) how the academic job market really is. A lot of them have some vague idea of "oh well, the good grad students will always get academic jobs". The answer is, "maybe, after 2-3 postdocs, at age 38, if they are lucky".