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- Nov 2, 2011
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"Every field out there is saturated, and pharmacy is no exception."
Many fields out are saturated, but relatively few of them require you to take out $150,000+ in loans and go through another 4 years of schooling. Also, there are some fields that are not saturated and only require a BS degree. Hint: engineering.
Since I'm incapacitated by the flu at present, I'm (apparently) browsing professional forums at random.
Most of your economic analysis is reasonably sound, but I think this one is completely off.
Almost any field which requires only a BS degree is a really bad bet when it comes to finding a safe career path. The current immigration structure highly incentivizes employers to "import" qualified graduates of Indian, Chinese, etc. universities who are willing to work for peanuts instead of first world workers who expect reasonable accommodation for their education and experience.
This is true of any field which doesn't essentially require extensive training in the country of employment. Physicians, pharmacists, lawyers, etc. are aided by barriers to entry which result from licensing barriers to many foreign professionals. Engineers do not (and as an extreme example, look at jobs which require a PhD but no accreditation).
TLDR: You're significantly understating the benefit of being in a field that throws up barriers to entry against foreign trained workers. As a typical worker in a chosen profession, there's almost never a safer place to be than a field that requires (a) advanced education and (b) a professional license.
Also, I'm somewhat confident that any accreditation body which desired to do so could easily get around the restrictions resulting from the Sherman Antitrust Act, to the extent they exist. I've helped clients wiggle out of much more constricting red tape.
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