Clearly unsustainable. One thing I don't see examined is, if we fix this by giving colleges some reason to employ full-time profs instead of multiple part-timers, this would make those jobs middle class jobs but actually reduce the number of spots available. Which might be the right thing to do, but won't help most of these people.
Well, it might help them if it was the kick they needed to leave academia. As the article concludes, for many of these people the problem is that they keep chasing the dream of being an academic, long after the reality is that it's not a livelihood that can support them.
