The U.S. National Science Foundation announced a $47 million investment over five years, along with additional financial commitments from nearly three dozen universities and private industry, to launch a pilot of a new four-year Ph.D. model that will provide more than 250 doctoral students nationwide with hands-on experience in industry research and development as part of their graduate education.
Isn't this surrogation of university degrees for worthiness of employment getting absurd? A PhD holder is supposed to be on the frontier of some domain of knowledge. As human knowledge expands, it should be taking students longer to earn a PhD. But the insistence of employers on hiring only PhDs for certain roles incentivises this acceleration of PhD programs that undermine their original purpose. Three-year Bachelor's degrees are becoming more common for the same reason.
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