Too Few University Jobs for America's Scientists

Heartbreakingly, the NPR story says "There actually are jobs – in industry, consulting, government and [other fields]", with [other fields] a hyperlink to http://www.whatcanyoubewithaphd.net/contact/ , which shows up as a Sedo parked domain to me (a page full of ads and devoid of content).

Doesn't the same situation also apply for most humanities PhDs? Here's a very quick Google result[1]:

   Getting a literature Ph.D. will turn you into
   an emotional trainwreck, not a professor.
   ...
   I deeply regret going to graduate school
   ...
   I now realize graduate school was a terrible idea
   because the full-time, tenure-track literature
   professorship is extinct.

That's just one anecdote. But, fundamentally, the payoff for a PhD just doesn't seem to be there any more. Too few tenure track jobs, too many non-tenured adjunct professors. So why does tuition keep rising, why are there so many administrators employed by universities? Why are grad students being misled about the prospects?

[1] http://www.slate.com/articles/life/culturebox/2013/04/there_...