The U.S. National Science Foundation announced a $47 million investment over five years, along with additional financial commitments from nearly three dozen universities and private industry, to launch a pilot of a new four-year Ph.D. model that will provide more than 250 doctoral students nationwide with hands-on experience in industry research and development as part of their graduate education. Designed as a scalable model, the pilot establishes a foundation for broader participation and has the potential to expand as additional partners invest in and help shape the program over time. NSF's pilot addresses a growing mismatch in American doctoral education. Today, among science, technology, engineering and mathematics doctoral graduates who report definite postgraduation employment commitments, most pursue careers outside academia.…