An anonymous reader writes "An assistant professor at Ohio State University who recently earned her Ph.D. in literature writes a warning in Slate for others following the same path. She says, 'I now realize graduate school was a terrible idea because the full-time, tenure-track literature professorship is extinct. After four years of trying, I've finally gotten it through my thick head that I will not get a job—and if you go to graduate school, neither will you. ... Don't misunderstand me. There is unquantifiable intellectual reward from the exploration of scholarly problems and the expansion of every discipline—yes, even the literary ones, and even if that means doing bat-s**t analysis like using the rule of "false elimination" to determine that Josef K. is simultaneously guilty and not guilty in The Trial. But there is one sort of reward you will never get: monetary compensation from a stable, non-penurious position at a decent university. ... By the time you finish—if you even do— your academic self will be the culmination of your entire self, and thus you will believe, incomprehensibly, that not having a tenure-track job makes you worthless. You will believe this so strongly that when you do not land a job, it will destroy you, and nobody outside of academia will understand why. (Bright side: You will no longer have any friends outside academia.) ... In the place of actual jobs are adjunct positions: benefit-free, office-free academic servitude in which you will earn $18,000 a year for the rest of your life."