Many New Ph.D.'s Emerge Deeper in Debt Than in the Past, Survey Shows

More than 51,000 students earned Ph.D.'s in 2012, a 4.3-percent increase over the 48,908 in the previous year, according to data released on Friday by the National Science Foundation. And as graduates continue to face a challenging academic job market, those new Ph.D.'s who graduate with debt are shouldering heavier burdens than ever before, the data show.

The proportion of doctoral recipients who use primarily their own resources to pay for their graduate education has declined for