You knew you didn't want to become a grad student for 7 years, but you couldn't quite put your finger on it...
You laughed at The Simpson's jokes perhaps.
http://www.youtube.com/watch?v=XViCOAu6UC0
This _lengthy_ article lays out why PhD study is a bad deal for American grad students.
http://www.miller-mccune.com/science/the-real-science-gap-16191/
tl;dr summary: There is not shortage of scientifically trained persons in the USA, there is a shortage of research positions and adequately paying jobs. This is why American students are shunning the technical fields: it's a bad deal.
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