One argument I would make for someone who wishes to work in academia is that they will be more independent in their workplace. In other words, after some years, they would have more control over their own hours and schedule so that person can work in his/her pace. Another benefit to academia is job security. After some years of experience and achievement in academia, you can apply for tenure, which means that you are guaranteed a position in the university or institution until you retire or you do something seriously wrong.
One major argument for working in industry is that you are able to manage a schedule that is very structured. Your employer sets your schedule and it’s a routine so there will be no flexibility at all but you can manage that if you like a structured life. In industry, there is potential for you to get promoted a earn more money after some experience. In other words, there are more financial gains in industry because when you work for a private company, you can get promoted to leadership positions if you prove your worth.