It being the season, the 'I got into XYZ PhD Program!' tweets kind of break my heart. I don't rain on any parades - if you are celebrating, celebrate. You earned it! But there's sorrow b/c unless things change, there won't be any more jobs in 5-7 years than there are now...
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And I can't even offer my own odd trajectory as advice. "Get a PhD, get burned by the job market, keep trying, then get some viral tweets and reddit threads and become very-low-grade internet famous for a blog' is not a career plan. It sure wasn't my career plan.
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And I can offer no good omens about its future success. It hasn't gotten me that coveted permanent position yet, though it does (along with teaching) pay for my food, rent and books. I suppose if I had any advice, it would be this: sacrifice nothing.
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There is no academic jobs god listening at this alter, so burn nothing upon it. This is an Epicurean Job Market; the gods exist but they do not care. Enjoy your studies, have what fun you have. Enjoy the life of the mind. See where it takes you.
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But there's no gold at the end of this rainbow, so don't kill yourself to get there. Your sacrifices won't be rewarded. Don't delay anything; I regret everything I delayed for graduate school. Don't miss sleep. Don't take on debt; dear god, don't take on debt.
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Live your graduate life on the assumption there is no academic job waiting at the end, or any job waiting at the end. Make your decisions accordingly.
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And I suppose, for all of the advisors out there: understand that this ought to be your student's mentality too. I have heard all of those "my letter can't get you a job" speeches. Great; give them on orientation day. Tell your grad students to relax and relax yourself.
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