Looking for % of students who continue on to grad school

[ucbalumnus]

@MITPhysicsAlum

The unemployment rate among physics PhDs is between half and a third of the college graduate population as a whole. It is true that there are more PhDs than academic jobs, because each professor might graduate ten students over her career, only one of whom is needed to replace her. But this is only a problem if one insists on an academc job.

However, the non-academic job demand for PhD graduates in most fields is more limited than for those in physics and a few other fields.