Re:Moth Minds: Fund individuals doing work you believe in
by jaredklewis on Thursday December 02, 2021 @10:25AM
(#29417243)
100k for 6 months __living expenses__ would be without question the most generous grant I have ever seen or heard of.
Re:Moth Minds: Fund individuals doing work you believe in
by mirker on Thursday December 02, 2021 @10:30AM
(#29417313)
Yeah, PhD income is $40k or less a year. So 5x above market rate for high-risk research. On top of that, PhD students are well-aligned for the research and have other non-monetary reasons to pursue the research (their PhD requirements).
Re:Moth Minds: Fund individuals doing work you believe in
by chii on Thursday December 02, 2021 @09:17PM
(#29425867)
as mentioned in the other thread - the grant needs to compete with existing salary, or the OP would need to sacrifice potential income.
I dont think 100k for 6 months is ridiculous, because this is basically the starting salary for a grad engineer at a FAANG tech company. More, if they have experience.
What's actually ridiculous is "PhD income is $40k or less a year" - i think people (such as yourself) is so desensitized to low income as to feel normalized about it!
it's to live off, and support dependents while doing something that would not bring in traditional forms of profit.
That's why it's usually called a grant, rather than an investment - because the granter isn't going to see a direct financial return (but would want to see a societal return such as knowledge or something cultural etc).