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"Of the 22 million Americans with master's degrees or higher in 2010, about 360,000 were receiving some kind of public assistance, according to the latest Current Population Survey released by the U.S. Census Bureau in March 2011."
By Stacey Patton. "I am not a welfare queen," says Melissa Bruninga-Matteau. That's how she feels compelled to start a conversation about how she, a white woman with a Ph.D. in medieval ...
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The chart at the end is unbelievable.
I gotta be honest, I tend to agree with Yuri (commenter). Just this weekend, I had a discussion with my sis-in-law about her daughter entering college, her chosen field AND doing the cost-benefit- analysis in advance.

Who didn't wince when they read, "Ph.D. in medieval history..."?
Well, I would like to live in a country where people can study the humanities.
And as an adjunct instructor myself, I'm damn lucky to have (several) other jobs. You simply can't live on that (especially w/ no insurance). That system is broken.
I have a friend who almost fits the problem. Got a MA in philosophy and wanted to teach classics but couldn't get a spot in a PhD program. He is finding out that the MA is worthless when it comes to employment.
Yeah the sum of human existence should definitely be measured in how many <currency> units you can make.
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