Sobering statistics from Laura McKenna at The Atlantic:
A Ph.D. who wins the rare job as a tenure-track professor earns on average about $60,000 per year, according to the NSF report. In contrast, post-doc positions—temporary research spots that are most common in the sciences and draw 39 percent of the Ph.D.s with post-graduation commitments at universities—pay a little over $40,000 per year. Incidentally, the median entrance-level salary for college graduates with a B.A. in 2014 was $45,478.
I love what I do and I know what my goals are, but I’m under no delusion about the difficulties involved in getting what I want.