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Is this still talking about top grad schools? How ruthless IS it?! I mean, top math grad students are actually REALLY accomplished in many cases! Is this referring to most relatively good grad students, or to the genuine, say top 5 school grad students? While I don't expect all the top school students to become professors at Princeton, I do hope they're at least going to have a fair shot at an academic career.
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<p>I am talking about top schools.</p>
<p>Keep in mind that much of the 'attrition' is voluntary. Lots of grad students, even at the top schools, found out that they don't love their field enough to pursue academic careers. They enjoy it enough such that they're willing to finish the PhD. But many of them become tired of their field and don't want to spend the rest of their life in it. Or they find something that they find far more interesting. To repeat one of my old stories: one guy entered a top PhD program and then ended up spending all his time playing poker, and now he's a professional poker player. </p>
<p>Then there are times when life intrudes. I know one woman who was a star student, entered a PhD program at a top school, where she then met the man who became her husband, had children, and now, she is now more interested in being a mother than she is in her academic discipline. Although she probably will still finish her PhD, she almost certainly won't go on the job market. She has more important things to do. Another woman also became pregnant, but didn't marry the father, and decided to raise the child herself as a single mom. She decided to quit full-time studies to take a job (at the very same school in which she was getting the PhD) while still pursuing her studies part-time, which she did eventually complete. But, again, she's not interested in the academic job market. She's content to keep her staff job at the university. As a matter of gender fairness, I also know one guy who entered a top PhD program, but met a special woman who was in a master's program, and, upon graduating, moved to California and married that woman. He never entered the job market. </p>
<p>You, as a grad student, can also ask your advisors where you stand in terms of likely placement. If you're not a star, then your advisors will hopefully honestly tell you that you're not and tell you that you're probably looking at placing at lower-tier schools, and then you have to decide whether that's worth it. Or, you can perhaps deduce this information yourself. Let's face it - a lot of grad students don't want to end up in lower-tier schools. They would rather just get a job. In fact, that's precisely what happened to that one guy I described above who moved to California to marry his girlfriend: he knew that wasn't going to get placed at a top school, so he decided that he'd rather just get a job.</p>