This. Plus you don't see the countless other faculty who are trying to "make it" by hoping to adjunct their way into a fulltime position. Living hand to mouth

This. Plus you don't see the countless other faculty who are trying to "make it" by hoping to adjunct their way into a fulltime position. Living hand to mouth in hopes of just earning a stable paycheck - nevermind at a particularly prestigious institution (those roles are reserved for those who "made it" and attended an equally prestigious intitution).