I did my PhD in an in-demand field at a top uni.
My partner did their PhD in a less in-demand field at a not so top uni.
The difference in our experiences -- and how those experiences were directly impacted by the financial motivations of the department/university -- was beyond staggering. My partner was cheap teaching labor. I was a source of fellowship+grant money and potentially valuable patents/prestige. I could leave and 10x my salary with a single email (ultimately did). My partner would've been lucky to teach high school. In literally every interaction with the university, you could tell.
Universities are just another org with budget and headcount and metrics to optimize. Academia is no longer sheltered from the shitty labor politics of finance capitalism. NEVER let anyone tell you otherwise.