5 ms·
Only because prestige equals money, the real #1 in academia.
by gazby 3y ago
Only because prestige equals money, the real #1 in academia.
- fallingknife 3y agoThat's just not true, though. Nobody who is after money goes into academia in the first place. It's not where the money is.
- gazby 3y agoMy bad for being unclear, I was referring to the institutions, not the faculty. Tons of money in administration roles though.
- ghaff 3y ago>It's not where the money is. No and certainly not on a risk-adjusted basis. (i.e. if you're reasonably competent, you're far more likely to do pretty well in private business than academia). On the other hand, while I've never had personal exposure to the downsides, a tenured position at an elite university in the US still seems pretty attractive with various caveats in both directions depending upon the location.
- robwwilliams 3y agoYou may mean “funding for research projects”. I would agree. Over the very long haul a successful research program can also result in a relatively high “academic” income (ca. $200,000 in biomedical research), but that no comparison with mid and top levels of programmers at FAANG et al.
- gazby 3y agoI was referring to the institutions, not the faculty.