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Mark LaBarge's avatar

You are correct, the system definitely needs to change, and you are right that this may be the moment to do it, when many of us already feel a bit discombobulated.

I am fortunate to be at an institution where I have had a voice in setting standards for PhD student and postdoc compensation. I am proud that my colleagues have, year after year, unanimously supported wages that exceed NIH recommendations and lead our region. Many of us remember our own hardships during training, and that memory matters.

At the same time, compensation in this ecosystem is not just salary. There is substantial value in the training itself. Trainees benefit from an existing research infrastructure, sustained faculty time and resources, and immersion in a community built for discovery. They leave with a diploma and the right to call themselves Dr. So-and-so. That credential has real and durable value.

The road to elegant science is littered with the carcasses of failed experiments. Discovery research is structurally inefficient, and our compensation model partly reflects that reality. I see it as a tradeoff: rather than pursuing work with clearer financial upside and correspondingly higher pay, we accept more precarious financial outcomes in exchange for the freedom to follow curiosity, tolerate failure, and occasionally discover something truly new.

Pharma and biotech may offer alternative training environments where rigorous scientific inquiry and higher compensation coexist, in part because projects are already considered reasonable financial bets. The tradeoff there is typically less freedom to explore and less tolerance for failure.

For me, the bottom line is that this line of work is not for everyone.

bill's avatar

Thank you for this insightful post.

I'm curious. What would a young K calculate today's wage to be? Actually, what would K have calculated in 2024? Ballpark.

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