Are PhDs Losing Their Lustre? Why Fewer Students Are Enrolling in Doctoral Degrees

Several countries are seeing a decline in PhD enrollments as high living costs, stagnant stipends and limited job prospects deter students from pursuing doctoral degrees. Australia recorded an 8% drop in domestic PhD enrollments from 2018 to 2023 despite population growth of 7%, while Japan's numbers fell to 15,014 in 2023 from 18,232 in 2003, data from education authorities showed.

PhD stipends have failed to keep pace with rising costs. In Australia, doctoral students receive about A$32,000 ($20,000) annually, below minimum wage, while Brazil only increased its graduate grants last year after a decade-long freeze.

The trend reflects broader concerns about academic careers becoming increasingly precarious, said Claudia Sarrico, a project lead at the Organisation for Economic Co-operation and Development in Paris. Some countries are taking steps to address the issue. Japan's education ministry plans to provide additional funding for doctoral students, while Brazil's 40% increase in graduate grants in 2023 has led to a slight uptick in enrollments.

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