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How many CS PhDs are getting $1m-$4m starting salaries? If any, are they just from Stanford/Berkeley/MIT/CMU or are all the PhDs across all US universities gett
by TuringNYC 8y ago
How many CS PhDs are getting $1m-$4m starting salaries? If any, are they just from Stanford/Berkeley/MIT/CMU or are all the PhDs across all US universities getting these salaries? What about the tens of thousands of CS/Physics/Math PhDs who have graduated over the past two decades, are they also getting these salaries? I find it hard to imagine that a highly reputable school like Cornell would have a difficult time finding faculty. Most my PhD friends gave up looking for tenure track positions and begrudgingly accepted finance/FAANG jobs distraught from the drought in academia.
It is poor reporting to chose the most extreme possible anecdote (one person $1m-$4m salary) and then use that as an example of what is going on. The real story is...universities messed up badly structuring decent pathways for teaching positions and are trying to blame a hot market. There is also the ongoing story of poor measurement schemes (measure how good a teacher is by how good their research is) and the story of uncertainty (let highly accomplished academics rot in limbo-hell for a decade and use a tenure carrot to control them.)
BTW, the quote was from Cornell University's dean. I did my CS undergrad from Cornell. 90% of CS lectures were in a large hall where ~60% of the seats were empty, and this was in an upyear (1998-2001.) There was no shortage of space in the lecture halls. The teaching was mostly done by MS and PhD students, of which there were plenty -- the supply of recitation sections is quite elastic since there is no long-term commitment on either side.
- xyzzyz 8y agoThey aren't going to get $1M at FAANG on hire, but they'll easily get $250-350k, which is already more than 4 times what university would pay them.