Right now in the U.S. there are 86,000 students pursuing Ph.D. degrees in the biological sciences. More than half say their first choice of career would be university faculty, but there will be such jobs for less than 10% of them.
And this is why science will remain a cutthroat business full of fraud, dubious corner-cutting, misleading publications, unjustified grandstanding, and so on no matter what any funding body decides. When there are five ambitious, highly-qualified applicants for every job, there is simply no way to design a fair and humane system.
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