This morning I read the latest Piled Higher & Deeper about égalité des chances.
I am part of the few people who do a PhD after a grande école. The part about "Good job €€€€" vs "Crappy job" is quite true -- except that, from what I experienced, these "good jobs" are often boring, non-technical ones: contract managers, directors, etc. The kind of job that takes 50+ hours a week, plus many weekends. Not my cup of tea. And that is just why I decided to do a PhD: it is very interesting and rewarding, and I have enough free time to do what I like to do besides my work.