Posted on 05/07/2012 11:13:37 AM PDT by Nachum
Higher education is meant to be the path to success, but that conventional wisdom may not be entirely true.
According to The Chronicle of Higher Education, between 2007 and 2010, the percentage of people with a graduate degree who were on food stamps or were receiving another kind of federal aid more than doubled, reaching 360,000.
In 2007, 9,776 people with PhD’s were receiving some kind of aid. In 2010, that number had more than tripled to 33,655. For people with master’s degrees, the number spiked from 101,683 to 293,029. Austin Nichols of the Urban Institute crunched those numbers for The Chronicle using census data.
Relative to the total 44 million Americans who received some sort of federal assistance in 2010, those with graduate degrees make up a miniscule part of the pie. But their reliance on the system presents a dynamic that contradicts the conventional wisdom.
Those with more education are more likely to have a job in the first place. According to Bureau of Labor Statistics data, just 4.0 percent of college graduates or those with higher degrees are unemployed in April 2012. That number has remained relatively constant since 2011.
(Excerpt) Read more at dailycaller.com ...
The list, Ping
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PhD in Basketweaving gets federal monies?
Did they include the number getting federal grant money to study shrimp on treadmills or global warming?
Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity. ... The prospect of domination of the nation's scholars by Federal employment, project allocations, and the power of money is ever present -- and is gravely to be regarded. - President Eisenhower's farewell address, 17 January 1961.
Doesn’t say the age group. How many are older folks with old PHDs or Masters that are irrelevant or insufficient for todays world.
BS, MS (more of the same), PhD (piled higher and deeper)
Perhaps food stamps means testing should bar those with advanced degrees from getting food stamps - AND those with federal student loan debt AND advanced degrees from getting any type of state or federal hand outs.
I’m confused: Shaquille O’Neal got a PhD to qualify for food stamps?
LOL; perfect acronym, d!
Well, unless they're counting Medicare and Social Security in the calculations, not that many. And, there old PhDs would be underrepresented were it not for the requirement to take the benefits when one hits a certain age: academicians with tenure tend to retire very late: I know lots of mathematicians (my own field) who are working well into their eighties.
Older PhDs were in actual academic disciplines that don't become irrelevant, and either have tenure or long ago left academe for commerce or industry, where what they learned is still useful. Too many of the new ones are in [Affirmative-action-beneficiary-class-here] Studies or areas that have been corrupted (most [Language-name-here] Literature programs are now Continental-Philosophy-for-Dummies programs having been taken over by deconstructionists).
I’d love to know how these numbers compare to those with BAs, BSs, MAs, MBAs, MSs, etc.
So Universities get to rake a lifetime worth of debt out of their students, and then pay their employees peanuts, with the Government making up the difference at both ends.
What a deal!
” PhD in Basketweaving gets federal monies?”
Yep
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