I believe that a more educated world, is a better world. Becoming a doctor in an already superiorly developed nation (as compared to the US) such as Japan increasingly becoming the norm. There are two solutions that my brain has hatched in the past 10 seconds
1. Limit the number of Ph. D's
2. Change society to handle the amount of Ph. D's (such as becoming more automated)
Still, remember 34,000 out of billions and billions of people is still not alot. One of the main reasons why the system can't handle it is because of capitalism. Buy cheap, sell high.
I know I am going to get my Ph. D... well, because if I don't, ill be the only one in my family without one... ;_;