Hot White Trash
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My long-time boyfriend is about six months away from completing his PhD in literary theory, and it has been an exhausting but exciting journey (for both of us). The sad part is that even after he completes the degree, the job prospects are, to be blunt, abysmal.
He has had a 4.0 since high school, has attended only top universities, has considerable college teaching experience, and (for what it's worth) is also a minority. Yet we're still probably looking at a difficult time to find a job. Much of this stems from huge cutbacks at universities. Funds for academics--particularly in the humanities--are disappearing in the wake of Bush II and the current recession. The tenure system is breaking down, and universities are largely steering toward adjunct professorships. In short it is not a pretty picture for academics or future academics.
Before he started the PhD program, one of his masters professors told him that he would make an amazing professor. She also said if he could conceive of anything professionally satisfying that did not involve obtaining a PhD, he should do that instead. I'm certainly not going to tell you not to get the degree, but be careful and informed about choosing to do it. Getting a PhD is no easy feat, but if you're interested in teaching at a university, getting a PhD is really just the beginning.
He should look overseas.

