"What's in it for me to give a huge amount of energy to their work if they're not going to become scholars?" he says. "I can't teach them about budgets. I'm a professor. I can't even balance my checkbook. I want to give most of my time to the students I know are committed to the profession." This is really sad to me. First of all, that a professor thinks it a waste of time to develop a scholar that will simply bring their scholarly skills to a world other than academia, and secondly, that a grown man will admit to not being able to balance his checkbook and thinks it's some kind of badge of honor. Even academics can be practical-minded, and in many fields (including my own) writing and managing grants is a huge part of the job of a professor. So if you can't balance a budget, you're pretty doomed.