Originally Posted by Val
"Too many" does indeed mean that there are more students than can be placed in jobs in the field. The problem is worst in the humanities, but affects the sciences as well... google something along the lines of "phd can't get job."
Yes, this seems to disagree with statistics which state that there is low (or virtually no) unemployment for individuals with advanced degrees. Possibly some of the statistics are historical, and do not reflect current trends.