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Frankly because everybody knows somebody in that line of academic study, or knows somebody that knows somebody. And it's generally regarded as a waste of time with no practical outcome. My BIL studied philosophy for 10 years and ended up starting his own treadmill repair company, leveraging his previous skills as a mechanic. You just wasted 10 years of your life and $300,000 of money/opportunity-cost, basically, when most people can't pay their rent, afford food, or have basic comforts.