I 1000% agree with this. It took me 4 years of undergrad, 3 years of post-bac research coordinator work, almost 2 years of a Master's to understand just how exclusive and elitist (not to mention racist) this system really is. I know faculty are in a tough spot, but the nature of academia and grants makes it nearly impossible to get even close to joining the system. And faculty will tell you the competition only gets harder in academia to get funding and tenure, mostly because there are more and more people getting PhDs, i.e., supply is less than demand.
I don't know what the solution is to the exclusivity, but it seems like something has to give. And I encourage people who are doctoral students, postdocs, early career psychologists, etc. to push for changes in the system to make it more equitable and accessible to the plethora of brilliant applicants that get left behind, discouraged, and leave the field.