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Is the PhD dream dying? Why fewer students are enrolling in doctoral programmes

PhD enrolments are declining globally as financial hardships, limited job prospects, and shifting perceptions of academia deter students. Australia, Japan, Brazil, the UK, and India are witnessing a drop,
The article from Firstpost discusses the declining interest in pursuing PhDs among students globally. It highlights several reasons for this trend: the lengthy duration and high costs associated with doctoral studies, diminishing job prospects in academia due to an oversupply of PhD holders, and the allure of more lucrative and quicker career paths in industries like technology and finance. Additionally, the article notes that the traditional academic career path is becoming less appealing due to job insecurity, low pay, and the pressure to publish research. The shift in student preference is also influenced by the changing perception of the value of a PhD, with many questioning its necessity for success in various professional fields. The piece also touches on how universities are responding to this trend by offering more professional doctorates and flexible study options to attract students.

Read the Full Firstpost Article at:
[ https://www.firstpost.com/explainers/is-the-phd-dream-dying-why-fewer-students-are-enrolling-in-doctoral-programmes-13863388.html ]