A new post up at RockTalk has an interesting figure.
One would not assume that 40% of graduate students are going on to PI level appointments in academia.
This is the fraction of ~3rd year graduate students that say they want an academic, PI type career.
That makes more sense. Unfortunately the paper is one long tilt at the straw man that everyone wants/expects doctoral students to all end up in Academia with PI level jobs. Nobody really believes that anymore.....do they? The paper exhorts local institutions and national funding bodies (Hi, NIH) to get on board with the notion of branching career outcomes as all being "successful". Ok, good enough.
but guys. Really. The question here is whether those that end up wanting a PI job can secure one.
All else is just handwaving. These authors would have done a better service by tracking down UCSF grads from 5, 10, 15 and 20 years ago and see what jobs they were actually able to obtain.
Fuhrmann et al, Improving graduate education to support a branching career pipeline: recommendations based on a survey of doctoral students in the basic biomedical sciences. CBE Life Sci Educ. 2011 Fall;10(3):239-49. [PDF, PubMed]