It's common knowledge among PhD track and Post Docs, but that's the group after they've been scammed... the dreamers stay for the adjunct positions and perpetua

It's common knowledge among PhD track and Post Docs, but that's the group after they've been scammed... the dreamers stay for the adjunct positions and perpetuate the oversupply and perception of possible demand. It's a bit like the people who get scammed on Amazon by highly rated products that don't exist, but fail to rate/return or buy again anyway. There's more suckers born every minute.