Are There Too Many Ph.D.s And Not Enough Jobs?

Our country needs more people with science, math and engineering degrees — at least, that's the common refrain among politicians and educators.

American students lag behind the rest of the world when it comes to math and science test scores, and the president and others have called for a change in immigration laws that would make it easier for people who come to the U.S. to get technical degrees to stay in the country permanently.