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Thankfully not everyone feels this way, and humanity continues to benefit from the work that PhD holders do.


That certainly would be nice, but the risk to the individual that they are just exploited on a meagre salary for 3-6 years to only benefit their advisor has become so large that I don't recommend doing a PhD to anyone (or at least think very hard and very diligently investigate the prospective advisor and the faculty). Even if this means we as a society are losing out on scientific discoveries.


Exploitation doesn't often end at certification. Academic world is very harsh for post-doc too. And permanent positions are rarer than degree holders.




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