Heard a senior academic recently say, in regards to not being able to afford talent for intern positions, that "Grad students these days have different standards. When I was in grad school, I had roommates and ate ramen". To be crystal clear: renting a room in a house *with 5 roommates* in Boston costs $1,000/month, not including utilities. $15/hr before taxes means 70+ hours of work *just to pay rent*.
