No, I don't believe incoming grad students would be told an outlandish lie like that. People in academia are extremely aware of how low the rate of "job creati

No, I don't believe incoming grad students would be told an outlandish lie like that. People in academia are extremely aware of how low the rate of "job creation" is. Profs are quite honest with grad students, since the supervising relationship is quite familial and personal. (Less so for coursework-only MS programs, of course.) You also don't seem to understand tenure progression. An adjunct isn't tenure track: this is explicit from the beginning. Anyone hired on tenure track has a "tenure clock" during which they have to qualify (basically, publish enough good papers). Typically about 5 years, and if they don't make it, they're gone.