The academic study of literature is no longer on the verge of field collapse. It’s in the midst of it. Preliminary data suggest that hiring is at an all-time low. Entire subfields (modernism, Victorian poetry) have essentially ceased to exist. In some years, top-tier departments are failing to place a single student in a tenure-track job. Aspirants to the field have almost no professorial prospects; practitioners, especially those who advise graduate students, must face the uneasy possibility that their professional function has evaporated. – Chronicle of Higher Education