>There are probably thousands with degrees in History hoping to get a good position. My ex-husband being one of them. The last college informed him that there were around 1200 applicants for one position. When you get to that point, it really is more 'WHO you know' rather than 'What you know.' You have to be comparably knowledgable of course. Instead, he is in charge of training for a large Corporation. By the way, Adult education in the health industry is a very lucrative position which is not overloaded yet...

Yes, exactly my point. Having PhD doesn't guarantee a job and in some cases even makes it harder to find one. It's really a paradox. It's good for American science to have people with PhD, but in some fields you even would not find Americans having PhD. In my husband's field 99% of applicants with PhD are either Chinese or Indian and some Russians.