PhD Enrollment Plummets Globally Amidst Financial Hardship and Bleak Job Prospects
A worrying trend is emerging: PhD enrollment is declining in several countries, including Australia, Japan, Brazil, and the UK. High living costs, meager stipends, and limited post-graduation job prospects are deterring prospective students. The OECD urges reforms to improve working conditions and diversify career paths to prevent a talent drain and hinder scientific progress. In Australia, PhD stipends are below minimum wage, creating financial insecurity. Japan's PhD enrollment has fallen since the early 2000s, prompting government intervention. Brazil saw its lowest PhD enrollment in a decade due to economic crisis and underfunding of science. While Canada hasn't seen a decline yet, funding concerns remain. Increased scholarships are a positive step, but only benefit top students. Furthermore, restrictions on international students in countries like the UK impact universities' ability to support early-career researchers.