>There's no route to professorship for most grad students, ever. We either need far bigger universities, or far fewer grad students.
There's value to graduate/post graduate education other than a chance of tenure. I'd assume many do MSc/PhD without an expectation to become a prof, or work in academia at all (like I and most of my peers did).
What seems to be the problem is the lack of a clear indication that only few percent student have a chance of ever becoming a professor, or students' wishful thinking on the matter.
There's value to graduate/post graduate education other than a chance of tenure. I'd assume many do MSc/PhD without an expectation to become a prof, or work in academia at all (like I and most of my peers did).
What seems to be the problem is the lack of a clear indication that only few percent student have a chance of ever becoming a professor, or students' wishful thinking on the matter.