May 18, 2010
Too many PhDs
There was an interesting sory on last night’s news about graduate school in Taiwan. It seems that Taiwan is producing too mny PhDs. Enrollments in PhD programs have grown by 250% over the lat ten years.
At the same time, as the population shrinks (Taiwan has the lowest birth rate in the world), the need for PhDs is shrinking. On average, there are 50 applicants for every university position in Taiwan.
Newly-minted PhDs my have to look to Hong Kong and China to find job opportunities.