Fact: According to the National Postdoc Association, between 1972 and 2003, the percent of recent Ph.D. holders hired into full-time faculty positions fell from 74% to 44%. Fact: During the same period, the number of post docs in science and engineering has increased from 13% to 34%. Fact: The probability that a Ph.D. recipient under 35 will obtain a tenure-track job has fallen from 10% in 1993 to 7% in 2003.

Unfortunately, these numbers just don't add up to my satisfaction... So what's going on? Read my full post now up over at Correlations which begins to examine the problem by asking:

Are graduate programs today equipped to provide appropriate alternative opportunities for a growing scientifically-literate work force? Further, are the nation's education funding priorities in line with reality?

Continue reading here...