Graduate school attracts highly ambitious people, despite the fact that academe is a terrible environment for highly ambitious people. How so? There are precious few moments of forward progress in an academic career. In academe, there is no getting ahead; there is only survival. If you survive your comprehensive exams (see Reason 81), survive your dissertation (see Reason 60), survive the job market (see Reason 8), and survive the tenure track (see Reason 71), then you can hope for exactly one promotion: from associate professor to full professor. That's it. The academic career ladder is very short. Unless you happen to be among the tiny cadre of academic superstars (see Reason 67), there is little hope of moving from one institution to another to improve your lot. If you earn tenure at an institution, you will likely never leave it. The "honor" of serving as department chair is a burden, not a privilege. For traditional academics, even moving "up" into administration has become difficult, as there is now a professional administrative class within higher education.
Of course, academe is supremely effective at frustrating your ambitions long before you find yourself (if you're very lucky) in a quasi-permanent academic job. In a recent poignant essay describing his frustration with the process of trying to secure a tenure-track appointment, Patrick Iber remarked: "Of all the machines that humanity has created, few seem more precisely calibrated to the destruction of hope than the academic job market." At the time he wrote those words, Dr. Iber had a PhD from the University of Chicago, a book contract with Harvard University Press, and a visiting lectureship at UC Berkeley; he was in a far better position than most academic job candidates. That does not make his painful experience any less real. On the contrary, it highlights the profound professional disappointment experienced by highly accomplished people throughout academe. There are now nearly 3.5 million Americans with doctorates (see Reason 55) but only 1.3 million post-secondary teaching jobs (see Reason 29), and the oversupply of PhDs is becoming a crisis in the rest of the world as well. A Norwegian newspaper has called it the academic epidemic. Legions of graduate students spend years of their lives preparing to compete for jobs that are few in number and promise little opportunity for advancement. The academic world is one in which ambition is rewarded with disappointment millions of times over.