Many of you may remember C's spouse and his magical PhD. (Like too many other people of my acquaintance, I like them, but I don't respect them.) They have been there for about three years now. He still has not finished some of those damn papers. At least one is more than a year overdue.
His program has just told him to pursue opportunities elsewhere. In other words, take your master's degree and run away before we kick you out.* I'm kind of worried about them** - three small children, one of them a newborn, and between them, a bachelor's and two MAs in Lost Atlantis and a bachelors and one MA in History of Michelangelo. These are not the most employable people in the world.
Somehow, I'm regretting that "I told you so".
* When they first went to this university I did, on request, utter a few cautionary words, which were brushed away with "But they have an excellent placement rate!" Yes, I'm sure they do. And Snooty U has an excellent tenure rate because they force people to quit rather than going up for tenure. Also I have a friend who was 'placed' into a highschool teaching job with his fancy PhD (where he is very happy, but it's not what these people were envisioning by 'placed'.) Lies, damn lies...
** My second piece of advice to grad students is 'Hedge your bets', i.e. acquire other marketable skills than the Thing that brought you to grad school.