Hey all, I'm graduating college this summer and seriously considering pursuing a history PhD (concentrating in 20th century US political and intellectual history). I'm fully aware of the awful state of the academic job market and probably don't plan on entering academia (my ultimate ambition is to become a writer/author). My logic for going to grad school is mostly (1) my fascination with US history and gaining intellectual fulfillment in its further study (2) having a PhD from a top tier school probably wouldn't hurt (I'm going to restrict my applications to 5-6 mostly Ivy League grad program - likley Harvard, Yale, Princeton, Stanford, UChicago, and possibly UWisconsin or UMichigan).
Is this plan unwise? Is it not worth spending 6-7 years in a PhD program, even if it's from a top tier university? I've also heard troubling things about history PhDs making people <less> employable outside of academia, due to fears of overqualification etc. How accurate is this and would a PhD be a liability when trying to obtain a job, say, in research or publishing?
(As a side note, I'd welcome any suggestions for books/reading lists on 20th century US intellectual history; I'm particularly interested in historiography, American liberalism and the intersection of US political and intellectual history).
Pursuing a PhD is such a personal question, it’s unlikely that strangers on the internet can provide you with the answers you seek. That said, as someone who relatively recently earned a PhD in a somewhat similar field at a U.S. institution, I’d offer some strong cautions.
If you opt to pursue a PhD, do it with eyes open. Every competitive PhD program is made up of people who were shining stars in undergrad. Don’t take your interest or success in a field as an undergraduate to be determinative of what doctoral work will be like. I usually don't regret having done a PhD, but I wish I had been more willing to consider the considerable downsides.
As for your question about sources, I have three suggestions on U.S. intellectual history. If you don’t already have a copy, track down the essay collection The Worlds of American Intellectual History, which has essays by many of the leading figures in the field. You also might benefit from listening to the podcast Trotsky & the Wild Orchids (named after the Richard Rorty essay). It's by two intellectual historians, Ray Haberski and Andrew Hartman, and often talks about trends in the field. Finally, you’d want to stay up to date with the Society for United States Intellectual History (S-USIH, pronounced Sushi) and attend its conferences when you can. Your interest in liberalism would be right at home in S-USIH.
I, too, wanted to pursue a PhD in history. At the advice my professors, I didn’t. The only reason for a PhD in history is to teach at University level or to publish research.
I ended up switching to a law degree; history majors are looked on quite favorably at many law schools (according to my law advisor, history professors and academic mentor).