70. It is unforgiving.

There are a few exceptional individuals for whom graduate school is a breeze, but the vast majority of grad students are regular people. In fact, most of them probably belong to a group described in 1903 by Harvard professor William James. In his prescient critique of graduate education, “The Ph.D. Octopus,” James identified those for whom an academic life is an end in itself. Because current standards are not what they were then (see Reason 5), the type of earnest-but-not-dazzlingly-brilliant student he described is now more likely to make it through graduate school (and even into an academic career) than would have been the case 100 years ago. Even so, graduate programs remain highly proficient (and efficient) at turning thousands of eager, hard-working people into “victims” who either drop out (see Reason 46), flounder for years (see Reason 4), or face underemployment (see Reason 14).

William James felt genuine sympathy for these graduate students, because he understood the seriousness of their situation. There is simply no obvious place to land if you stumble on the long, arduous road to an academic career. The term that he used to describe those left by the wayside was blunt: “social failures.” Remember that James had in mind the “failures” produced by graduate programs at Harvard; one can only imagine what he would say about those churned out by state universities. It is disheartening to consider what has not changed more than a century after James made his observations:

But there is a third class of persons who are genuinely, and in the most pathetic sense, the institution's victims. For this type of character the academic life may become, after a certain point, a virulent poison. Men without marked originality or native force, but fond of truth and especially of books and study, ambitious of reward and recognition, poor often, and needing a degree to get a teaching position… There are individuals of this sort for whom to pass one degree after another seems the limit of earthly aspiration. Your private advice does not discourage them. They will fail, and go away to recuperate, and then present themselves for another ordeal, and sometimes prolong the process into middle life. Or else, if they are less heroic morally they will accept the failure as a sentence of doom that they are not fit, and are broken-spirited men thereafter.

We of the university faculties are responsible for deliberately creating this new class of American social failures, and heavy is the responsibility. We advertise our "schools" and send out our degree-requirements, knowing well that aspirants of all sorts will be attracted… We dangle our three magic letters before the eyes of these predestined victims, and they swarm to us like moths to an electric light. They come at a time when failure can no longer be repaired easily and when the wounds it leaves are permanent…

The more widespread becomes the popular belief that our diplomas are indispensable hall-marks to show the sterling metal of their holders, the more widespread these corruptions will become…

If only he knew.