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by fallingknife 1148 days ago
That's just not true, though. Nobody who is after money goes into academia in the first place. It's not where the money is.
2 comments

>It's not where the money is.

No and certainly not on a risk-adjusted basis. (i.e. if you're reasonably competent, you're far more likely to do pretty well in private business than academia). On the other hand, while I've never had personal exposure to the downsides, a tenured position at an elite university in the US still seems pretty attractive with various caveats in both directions depending upon the location.

My bad for being unclear, I was referring to the institutions, not the faculty. Tons of money in administration roles though.