http://www.nature.com/naturejobs/2011/110421/full/nj7343-381a.html?WT.ec_id=NATUREjobs-20110421
http://graduate-school.phds.org/
http://sites.nationalacademies.org/pga/resdoc/index.htm
Frugal science graduate students emerge with a very important life lesson: money does not buy happiness (although it certainly can make misery a lot more comfortable), and living frugally is better than amassing tens of thousands of dollars of debt.
But I believe the most important lesson is that no programme of higher education can guarantee its graduates gainful and lucrative employment. At best, a graduate programme in any discipline can provide its students with key skills, knowledge and abilities. How the graduates apply that learning is up to them.
Focused seminars in areas such as communication, business basics and public policy would go a long way towards strengthening the capabilities of PhD students and improving their career prospects.
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