Tony Yang received his Ph.D. in history from the University of California, Riverside in 2009. Since then, he’s worked on and off as a history lecturer, but has had to depend on unemployment and food stamps to get by.
In his best year since getting his Ph.D., Yang says he made about $32,000; in his worst, about $10,000. He says there’s a perception that if you have a doctorate, you automatically walk into a high-paying job.
“I have the prestige of holding a Ph.D., but that [isn’t] paying the bills,” he says.