The New Yorker wants to fix your grad program (hint admit fewer students)
Actually a decent read. Rothman was a grad student (ABD in English at Haaaaahvaaaaahd) but he evinces little of the bitterness that many Ph.D. program dropouts display when writing about grad school. The article does a nice job of explaining the complexities to a lay audience.
Look for the link to the article "Oh Adjunct, My Adjunct" in the sidebar.