Choppy said:
The time it takes to earn a PhD is growing. If we were to simply tack on some MBA courses or an internship with a company that does research in your field (like a PhD co-op) the time to earn that degree will get even longer. Maybe that's just going to be a practical reality.
And it's not going to help if the jobs aren't there.
If you have 10 jobs and 20 applicants, and then you make those 20 applicants more competitive for those 10 jobs, then you end up right back to where you started.
This is something that I'm very keenly aware of when giving career advice to people in finance. For example, if I help one person write a better resume, that one person has a better chance of getting a finance job. However, if the overall number of finance jobs are limited, and I help everyone write better resumes, then we are back to where we started.
The fact that the queue is getting longer is a symptom of a deeper problem. If you have a queue, then it balances out load, but if the average inflow is higher than the average outflow, then the system is going to break.
Something that happened in the Great Depression and what is happening now is that people are delaying "growing up." In the 1930's, you had people in their 30's and 40's that were still considered "youths" whereas in the 1960's, people in their early twenties were consider "full adults." It's the "when are you moving out of your parent's garage?" question.
One example is teaching. When I was a graduate student we had to take a series of teaching workshops. The theory was that it developed us as TAs and gave an additional bullet to our academic CV. I don't see why such a program couldn't be developed further so that graduates come out as certified teachers.
Because then instead of having lots of unemployed physics researchers, you end up with lots of unemployed certified teachers. A lot of the solutions for dealing with the problem are essentially "load balancing" solutions both in "time" and "career space." If you have a demand for X, and a supply of Y, then you have fix the problem by moving X to Y.
The trouble is that the economic system is already very good at this sort of issue. If there was an obvious demand for certified teachers, then the problem would self-correct. You wouldn't have to set up any formal programs since people would take the hint and do stuff on their own.
There's also a basic conflict of interest. The trouble is that universities get paid when people take courses. There's only so many courses that you can get people to take, and only so much debt, before there is a backlash against universities.
This also happened in the 1930's. One bright spot was that once the jobs turned up in the 1950's, you had an economic boom, as all these people that attended high school and college suddenly were able to be productive.
Another might be project management. Towards the end of PhD candiate's program, he or she could opt to organize and guide an undergrad thesis or summer research project. The grad student would outline the project, interview for the position, hold regular meetings, etc.
Sounds like "useless busy work" to me.
If you can figure out quantum electrodynamics, you *will* be able to figure out on your own how to put together a meeting. If someone has to "teach" you to put together a meeting, then something is broken. Also, if you have to learn these sorts of skills, then academia is a horrible place to learn them. What happens is that the skills fossilize and people come up with tests and curriculum that has nothing to do with what's in demand, and then you come up with even more certifications and barriers that produce useless busy work.
Another example might be product development. What if rather than simply producing original research papers, the PhD required the student to file at least one patent prior to graduating.
Let me point you to an example where I think physics is useful in analyzing social problems...
Someone that doesn't know about the first or second laws of thermodynamics can come up with all sorts of elaborate and complicated ways to built a perpetual motion machine. Once you realize that there is a basic constraint, it becomes obvious that none of these things will work.
You if you have more people then jobs, then putting more effort into training just will not work. If you have X people and 0.5 X jobs, and you train those X people, then you aren't making the situation better, and quite possibly making things worse.