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Reply to "Pursuing PhD @ 50+"
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[quote=Anonymous]If you are wealthy and doing this as a hobby degree and would be fine to drop out if it's not what you thought, then great. I would not go into debt. A large percentage of Ph.D.s take longer than expected if the person gets it at all.Jobs are scarce in academia and benefits are not what they used to be. Not a lot protecting grad students from being overworked and underpaid. I would not take out loans in middle age to do this unless you want to still be paying off debt in your golden years.[/quote]
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