...Two-thirds of college graduates leave school nearly $20,000 in debt, according to the National Postsecondary Student Aid study. With mounting job losses and unemployment at a 25-year high, those considering changing careers and pursuing passions must weigh the risk of a pay cut. But now some students can reduce - or even wipe out their debt - just by following their calling. More liberal loan forgiveness programs are adding a financial incentive to working in traditionally low-paying fields...
In theory, these days, everyone agrees that attrition in Ph.D. programs is a real problem. Graduate students don't want to spend years in programs from which they will never graduate, and universities don't want to support those who won't complete their programs. Also in theory these days, most academics agree that it's crucial to expand the diversity of the Ph.D. pipeline so that the candidates for faculty positions represent a broader demographic than the current professoriate. Research presented Tuesday here at the annual meeting of the American Educational Research Association challenged higher education a bit on both of these supposed consensuses...
"Safe haven," Inside Higher Ed, April 15.
How's this for a scary job market? Things have gotten so bleak out there that Vanderbilt University is offering some of its graduating Ph.D. candidates a chance to buy extra time on campus. Vanderbilt's Peabody College, which houses education programs, will offer stipends and ongoing teaching opportunities to students who've completed their dissertations but can't find quality faculty positions...