[musgrove]

Then how can you derive that opinion? I understand all too well what a PhD is because of several credible reasons. It's a doctorate of Philosophy. The reason for that degree being in Philosphy, rather than Marketing, or whatever the the chosen path of study is, is because what you're learning to do is create a theory, evaluate it in a philosophical manner using theorems, and defend it, whether it pans out or not. It's to teach the candidate how to do research and present it in research journals, which is what makes a Ph.D. more valuable than, say, an instructor or an adjunct professor, who doesn't need a Ph.D but can also teach graduate-level courses, as I have. Instructors in a University know as much as or more about the subject they teach as a Ph.D. And they often do know more. In some instances, much more. But they don't have the other two responsibilities tenure-track professors have which is research and service, which set tenure-track professors apart in salary and prestige. It's not a fair system, but schools don't represent the real world in any shape or form, so that's just how it is.