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The image is from PhD comics, but the data is pulled from legitimate sources. Will undergraduate students now look to graduate school as an alternative to entering the workforce? Will people already working return to school in order to boost their credentials? All signs point to yes. I'm not sure how this will effect the application process, but if graduate funding remains as tight as it has been for the last eight years, its going to become even more competitive as more people with more qualifications apply for a dwindling number of spaces.
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PhDComics
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