More than 40% of postdocs leave academia, study reveals

Almost by definition, if you're doing a Postdoc in a STEM field, you're probably qualified for a relatively well-paying job in industry [1].

And it's not like universities don't know this, people have been complaining about it for forever. They know if they were to just hire a person with a relevant PhD to do work, they'd ask for a good wage, so instead they dangle this "maybe you'll qualify for a tenured professor job eventually if you do underpaid labor for us for N years..."

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My relationship with academia is...complicated. I dropped out of college in 2012, worked as an engineer for awhile, did a brief stint as a researchey-person at NYU, got laid-off from there, worked in industry for another several years, tried school again in 2018 and dropped out again in 2019, finally finished my degree in 2021, and started a PhD in 2022, and did an adjunct lecturer thing from second-half of 2022 to first-half 2023.

Since I was working full time (and couldn't pay my mortgage on academic wages), I was doing a PhD at University of York part-time remotely. It was fun, but I wasn't just paid poorly, I had to pay them! About $15,000-$16,000/year American [2]! Even though I was doing work for the school, writing code for them that's not categorically different than the code I got paid yuppie engineer salary for, I was losing money in this prospect (and not just the normal opportunity cost kind).

I did it for two years, but I dropped it in November of last year because it was an expensive thing that I wasn't convinced was actually going to pay off for me. The PhD was already pretty self-guided, I could still research the topics I was interested in for free, academia's pace is glacial-at-best, and I didn't burn any bridges so I could go back later if I really wanted.

I might still publish a paper with my advisor in this next year (that's still pending), but of course since I'm not enrolled-in and paying-money-to the school, it won't count towards any credential. I think I'm ok with that.

[1] There might be exception to this but I can't think of many.

[2] depending on the dollar->pound exchange rate.

We want to train highly skilled people and then unleash them in the private sector to create new companies or help push existing companies forward.

I'm not sure what the right percentage would be for postdocs leaving academia, but i would have assumed it was around 90% if you made me guess.

That just seems healthy.

When academics move directly from being students to faculty without external experience, it creates an echo chamber. This isolation from practical applications and market forces risks turning academic pursuit into a self-referential game - where success is measured by metrics like publication count and citation numbers rather than actual contribution to human knowledge or societal progress.

This separation from real-world feedback mechanisms means we may be investing significant human capital into activities that optimize for academic metrics rather than meaningful outcomes. The challenge isn't just about individual careers, but about ensuring our research institutions remain connected to the practical problems they're meant to help solve.