Too Few American Scientists? Maybe Not

An anonymous reader writes "We've been hearing about bad K-12 science education, too few American science and engineering students, and the real-soon-now employment nirvana in technical fields for, like, the last 20 years. The reality: rising undergrad enrollments and unemployment rates, long years as an underpaid postdoc for those who finish a Ph.D. The Chronicle of Higher Education article quotes Harvard economist Richard Freeman: 'They're not studying science,' he says, 'because they look and say, "Do I want to be a postdoc paid $35,000 or $40,000 at age 35, with extreme uncertainty working in somebody else's lab, and maybe getting credit for my work and maybe not getting full credit? Or would I rather be an M.B.A. and making $150,000 and hiring Ph.D.'s?"'"