This needs to be said louder:
A PhD is not your only ticket to success!!
Here are 4 high paying career path that dont require you to live in a lab for 5+years:
1.Regulatory Affairs- become the brain behind drug approvals
2. bioinformatics - love biology plus coding
3. Medical writing- break down complex science for journals and pharma
4. Clinical data management- work in trails , analyze real world data , bring new treatments to market
Don’t follow the trend unless you want to be a part of it.