ROI is much less if you were economics, like I said econ is less practical. By the time you're halfway through grad school, you friends who left with an undergrad will be driving a nice car, maybe buying a house, going on cool vacations, etc. Fuck this gatekeeping, all this asshole is saying is 'lol you peasants why are you even wasting your time'. Depends on what you classify “worth” as. I am 35, only have an undergrad degree, and work in a research lab alongside people that all have PhDs or are PhD students. That is, whether you get a PhD or not you are probably just as likely to hit specific pay grades/leadership roles by a given age. There were folks in their 30s, 40s, and 50s, people who already worked full time, people with families. My PhD completely fucked up my mental health. that I'm ambivalent and might want to just start my career now. Had 5 years under my belt as an applied statistician/data scientist by the time much of my cohort was finally finishing their PhD's. If I had left when I got my masters, I'd have nearly a decade of experience at this point. A PhD gives you a level of perspective that no industry experience can replace, and that may, or may not, allow you to take on some really unique R&D roles in the future with more intellectual freedom. Industry/gov't PhD's have more regular hours. All workplaces have politics, but academia is particularly known for its bureaucracy/politics. You forgot one more point. It's difficult to extrapolate where the job market for organic chemists will be five years from now. Thanks for the advice! Or anything related to Big Oil. Before PhD, I had 5 years of work experience in the analytics sector. Press question mark to learn the rest of the keyboard shortcuts. A PhD is available in a variety of scholarly fields, from physics to journalism, and there is much more variation in standards for earning a PhD than an M.D. The PhD can still get the job, but the advantage the PhD has over the MS is much smaller than the MS over the BS. Its awesome. flexibility, autonomy, etc.). However, I've found that having a PhD hasn't advanced my career ahead of people without PhDs. I just kinda assumed that finding a job with a phd of science would be easy, but now I've heard that it is way harder to find an industry job as a phd than an ms or bs. 2. The jobs that I have gotten with a PhD are so much more appealing to me than the standard gruntwork or managerial work that my BS counterparts are in now. This is something that isn't talked about very often, but that probably should be talked about. Is a PhD worth it? In fact, from a simple employment perspective those with Ph.D.s in science, engineering, and health are doing much better than the general population. I was originally told that doing a PhD is a way to defer salary now for a better salary later. There is stress, there are long periods of working alone, there are long periods of working long/weird hours. If your goal is to get a job and make money, then a PhD is a bad decision.
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