HIGHER EDUCATION BUBBLE UPDATE: Pharmacy Schools Turning Out Too Many Grads. “From 1987 to 2012, the number of accredited pharmacy schools in the United States grew from 72 to 128. Existing schools expanded their class sizes, as well. Instead of creating 6,000 new doctors of pharmacy a year, as was the case in 2002, U.S. higher education is now putting out around 13,000.”