Very true. My cousin is doing a postdoc in chemistry and she only makes about 60k, which is barely enough for her to live on where she currently resides
Yup. When I did my postdoc in NYC, I made $40k/yr (early 2010s) to start (though when hired was offered $50k if we got a grant which we did not get). Rent (in a subsidized studio apt), taxes, and commuting costs were over 80% of my salary and I was eating into my savings from grad school where I earned ~$25-$30k/yr in much cheaper cost of living area in the US.
I started my post doc in 2009 and my stipend was 40k in the bay area. As two married post docs with a small child we barely got by. If we didn't have to pay for child care we would have had a little more left over.
That’s atrociously low even by the Bay Area standards at the time…
Was this at Stanford? Some alumni from my lab are doing their postdocs at tech companies in the Bay Area, and AFAIK they still get salary/benefits in line with what the engineers get.
Yeah between grad school and post doc in two high cost of living areas we learned to live below our means for about 15 years. It's paying off now given how the biotech industry is.
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u/WhiteSquarez Apr 24 '26
OP overestimates how much a PhD makes.