Comment Two roads diverged in a yellow wood... (Score 1) 308
I attended grad school during the early 90s and left ADB, but with a Master's. Went into the software industry (video games, defense, etc.) and made good money, but have ended up in a Ph.D. program at a top-20 university, working at a research institution getting paid more than I made in industry, while being allowed to do my dissertation on a topic I've studied for years, which would never have a chance of getting funded under a grant because it's too blue-sky. I brought my own funding for the degree, so advisors were more willing to entertain "out there" ideas and let me work on exactly what I want to (not much risk to them). As it stands, I will probably end up with Ph.D. research that gets a lot of attention in my field once I'm done because other students can't afford to work on such risky (and promising) subjects. Other students are doing research here that they have to because that's what they're grants require them to work on.
I realize that other disciplines (Physics, Biology, etc.) require large amounts of money for research, and my discipline is different in that it doesn't (CS), but I do think that doing things normally (postdoc, tenure track, etc.) isn't so productive these days. I know many poor, miserable postdocs who will never have a tenured position, and I know many tenured professors who aren't that happy.
I wonder: why is everyone wanting a tenured professor job? Maybe the promising research is going to come from people who don't follow the traditional route.