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Orin Kerr's avatar

There was another change that led to a drop in academic hiring: Starting in 1994, the ADEA no longer allowed universities to have mandatory retirement ages of 70. Professors hired at 30 with the expectation that they would be forced to retire at 65 or 70 can now stick around for as long as they are able, often staying through their 70s and sometimes into their 80s. Less turnover means fewer vacancies to fill.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3737001/#R1

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Geoff Peterson's avatar

As someone in academia, I see exactly what you are seeing. Massive overproduction of Ph.Ds leading to applicant pools in the hundreds for every humanities position and most social science positions we advertise. I do you think you left out one important factor--a significant reason for the overproduction is that many (if not most) Ph.D-granting institutions rely on their doctoral programs both for prestige AND for low-wage instruction in these areas. This significant pool of doctoral students provides a constant supply of cheap labor, allowing the tenure-track faculty to teach many fewer courses per year compared to non-doctoral schools. This perverse incentive structure encourages even the most mediocre doctoral programs to continue to admit students that have very little chance of ever succeeding in the market.

As things currently stand, there are no real incentives for most of these doctoral programs to stop recruiting potential Ph.Ds, and there are clear incentives for them to continue to recruit new grad students to keep them teaching all those intro classes the tenured faculty want to avoid. Until academia finds a way to fix this skewed incentive structure, this problem will not go away.

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