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Re:On average, skipping college and investing tuition costs ... by m-j-fox on Monday June 05, 2017 @07:39PM (#14493355)
Sounds like a death spiral. My father got a PhD in history so he could be a professor. If he couldn't expect that, he would have gone to business school, reducing the demand for history professors and so on until there's none left. You get it.
Re:On average, skipping college and investing tuition costs ... by Fomite on Tuesday June 06, 2017 @01:14AM (#14494898)
At the moment, there is a surplus supply of PhDs. If, at some point, that gets corrected, things may change.

Though I should note that PhD students in history aren't major drivers of demand for professors of history - undergraduates are.

In the sciences, there's a bit more of an incentive to have lots of graduate students.