Wow. I don't even know where to start on this one.
My experience with academia is that everyone is scrambling to get grants and get published. Nobody ever asked questions about where the grants came from. A lot (probably even the majority at the time) was from the department of defense, and explicitly targetted to create weapons.
Professors spent a huge amount of their time writing grant proposals. It's like pitching to a bunch of VCs, only you do it every month, and the amounts of money are much smaller.
And this is the reward for a lifetime of achievement. If you're starting at the bottom today, conditions are positively Dickensian. The average (not the maximum, the average!) PhD in CS took 6 years. During that time you'll be paid almost nothing, no matter what the cost of living is around you. And you are essentially an indentured servant of the professor. If he wants you to do a routine task that has nothing to do with your research, you have to do it. Cumulatively these tasks could add up to years of delays. After you graduate, you'll probably have to take multiple postdoc jobs, often at very low salaries, in hopes of getting a faculty position. Sometimes the hopes come true, but very often not.
And from what I understand, CS is actually one of the "good" subjects to go to graduate school for. Things are much, much worse in the humanities.
It's truly incredible that anyone would hold this up as a better system than how industry works. Hmm, let's see... a two week interview process, after which the company will tell the applicant whether they're hired. Or, a two year postdoc after which the university may choose to throw them away like garbage. Spending half your time writing grants, versus spending a few minutes a week writing a status report. Come on.
Also, the section about how "the students will suffer" from industry partnerships reads like a bad joke. Students suffer because the most universities hire faculty purely based on research, and not at all based on teaching. Full stop. The top research schools have contempt for teaching undergrads; that's why they hire adjuncts to do it at minimum wage. (Well, they also dump some of the burden on graduate students, too.)
It seems like once a week I see comments like this. This was not my experience at all.
With internships, I made over 60k a year in grad school. I worked on projects of my choice. I did not do a postdoc after graduating. I graduated from a small, unranked department and got a tenure-track position at an R1 university in a top 75 department.
I don't know a single person who has gotten a recent (5 years) faculty position without one or more postdocs. I'd say this is extremely uncommon experience. Nor have a seen salaries more than 40k for students, even postdocs don't always make 50k.
60k per year doing internships? I thought a typical tech internship paid $5-8k/month, which means at most $25k over the summer. (Maybe my number is for undergrads, and grad student interns get paid significantly more?)
What field? Even at top tier institutions I've never seen grad students make more than 40k, but I'm thinking of research heavy PhDs, where you continue your research over the summer.
Edits: ah, just saw in your profile it was software engineering!
I had the same experience as the grandparent, and averaged 70K a year. I had a lot of great opportunities during my Ph.D so I was really fortunate, but I felt that many students I met during internships were serial interns and got fellowships too, so it seemed at the time like most strong PhD students in Computer Science averaged about 60K a year and enjoyed it. Also note that you don't pay FICA (Social Security / Medicare) on your PhD stipend so 25K is like 30K.
I graduated in 5 years into my dream tenure-track job, and 7/8 of the students in my cohort got good tenure-track jobs too (the remaining one went back to running a successful business unrelated to her research). The school I'm at pays $40K/year stipends for PhD students, including the summer; so I think many people only count the 9-month stipend for PhD students which is about 27K, and not the summer salary.
My experience with academia is that everyone is scrambling to get grants and get published. Nobody ever asked questions about where the grants came from. A lot (probably even the majority at the time) was from the department of defense, and explicitly targetted to create weapons.
Professors spent a huge amount of their time writing grant proposals. It's like pitching to a bunch of VCs, only you do it every month, and the amounts of money are much smaller.
And this is the reward for a lifetime of achievement. If you're starting at the bottom today, conditions are positively Dickensian. The average (not the maximum, the average!) PhD in CS took 6 years. During that time you'll be paid almost nothing, no matter what the cost of living is around you. And you are essentially an indentured servant of the professor. If he wants you to do a routine task that has nothing to do with your research, you have to do it. Cumulatively these tasks could add up to years of delays. After you graduate, you'll probably have to take multiple postdoc jobs, often at very low salaries, in hopes of getting a faculty position. Sometimes the hopes come true, but very often not.
And from what I understand, CS is actually one of the "good" subjects to go to graduate school for. Things are much, much worse in the humanities.
It's truly incredible that anyone would hold this up as a better system than how industry works. Hmm, let's see... a two week interview process, after which the company will tell the applicant whether they're hired. Or, a two year postdoc after which the university may choose to throw them away like garbage. Spending half your time writing grants, versus spending a few minutes a week writing a status report. Come on.
Also, the section about how "the students will suffer" from industry partnerships reads like a bad joke. Students suffer because the most universities hire faculty purely based on research, and not at all based on teaching. Full stop. The top research schools have contempt for teaching undergrads; that's why they hire adjuncts to do it at minimum wage. (Well, they also dump some of the burden on graduate students, too.)