Is Graduate School a Waste of Time?
That's the suggestion put forth by Daily Beast writer Kai Ma in her recent article. It's an interesting read to see how the economic downturn has affected hiring in academia, museums, and other fields related to the humanities. But the title, "Is a GED More Valuable than a PhD?", is a bit misleading. It's certainly never more valuable, it's just that a PhD is not useful if no jobs requiring that level of education are available (thus it is meaningless and you might as well not have it, the argument goes).
If any curatorships or tenure-track professorships do open up, though, I wouldn't suggest showing up sans an advanced degree.
Anyway, check it out for yourself and see what you think.
Is a GED More Valuable than a PhD? [via The Daily Beast]