I would really like to see an alternative to going to grad school for a Ph.D. spring up for people who want to do research, particularly in math which doesn't require expensive labs. The overhead, the poor job prospects, the cost, the obsession with prestige all need to go.
Vague
> the poor job prospects
Relative to whom?
> the cost
If you're paying a dime to do a PhD you're doing it wrong — I get paid an ok amount and my fees are covered.
> the obsession with prestige
Not sure what you mean by this.