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Reply to "Do people who do PhDs realize that they aren’t worth the time?"
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[quote=Anonymous]If you have any interest in research, you need a PhD to have any control over the direction of the research and be taken seriously. Otherwise you are doing grunt work for someone else's research. If you want to work in a field that is adjacent to research or academia, you need a PhD to be taken seriously. I have a PhD in a medical field, and my peers are in consulting, research institutions, TT positions, R&D/pharma, university administration, even one in hospital administration etc. Virtually none of these jobs would be attainable in today's market without a PhD (or MD)... and they all pay 6 figures. The only ones who made low salaries were the ones who took postdocs on their way to better things and the ones who couldn't hack it. [/quote]
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