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*.
@janeadams As grad student in mid-1970's I was married, had GI Bill, worked 20 hours a week, was paid reseach/teaching assistant with one class, did field research with professor, and still had full class load and thesis research. Those were the times Vietnam War veterans lived. And it was still age of great rock and roll before disco bludgeoned it with disco halls and John Travolta movies.