Fewer graduate students is a good thing. Academia produces WAY too many graduate students relative to the jobs available (in aggregate, some fields it's more of

Fewer graduate students is a good thing. Academia produces WAY too many graduate students relative to the jobs available (in aggregate, some fields it's more of a problem than others). It's good for the PIs (professors in charge of a group) to have lots of graduate students, but as a whole that means most of them will not get a job...