TCS Daily - How Wal-Mart Is Like Academia: "Because the academic market is so tight, universities have adopted virtually the same attitude toward aspiring professors as Wal-Mart does to prospective stockers. They demand heavy teaching loads, substantial committee work, a rigorous pace of professional publication -- and offer rather paltry salaries. And that's for people who have, on average, twenty-two or more years of schooling.
Not only is there intense competition for jobs -- a nationwide search and the willingness to move, usually at one’s own expense, to whatever school will hire you is a must -- but schools increasingly hire part-timers (called “adjuncts” in the business) who work for peanuts and no benefits rather than full-time professors."
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