I <3 Grad School (at This One Moment in Time)
This.
"The shortage of academic jobs relative to PhD candidates leads some to say fewer people should do a PhD. But that is a complete misunderstanding of the purpose of higher education. One objective of education is to gain the skills required for a job, but higher education isn’t a trade school. ... Instead, the most valuable skills are intangible: how you process and present information, work well with others, and learn new things."
(Despite this warm-and-fuzzy grad school moment, check in with me tomorrow while I'm writing my dissertation, and I might give you an, uh, different opinion.)