its just one persons opinion based on his experiences, I do not share his views because my experience was completely different, for the sake of having a different perspective let me share how it went for me: I did my PhD (and an MSc before that) in EU, as a PhD I was paid an above average salary and it even provided me enough time to work as a consultant in parallel where I was able to get a few patents - which also…
Academia is a fucking joke.