“There are millions of college graduates who are grasping at straws andd ready to take any job, even at minimum wage. I can show you some who would be better off now had they spent their college years working in a convenience store or a fast food place.”
...my wife teaches part time at the local state university...straight cash; no benefits...with 15,000 new PhDs being cranked out every May the schools have the upper hand....we are debt free and have no mortgage; so her salary is extra cushion money....many of the part-time teachers are not so lucky....they get paid about $8.00 an hour when you figure class preparation time and grading papers on week ends....plus they have huge student loans that will cripple them for years to come...the manager at the local McDonald’s makes more and dresses better.
I can’t imagine a PhD in English going into Industry like a Chemistry or Electrical Engineering PhD could.