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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][quote=Anonymous][quote=Anonymous]For engineering and experimental sciences (not social sciences), MS and PhD programs are usually free with an additional cash stipendin exchange for being a TA/RA. So those programs graduate students with little or no grad school debt, and with very solid job prospects. PhDs in non-science/non-engineering subjects often have huge debt and result in jobs with much lower incomes afterwards. So the reality is that cost/benefit of grad school varies very widely and the cost/benefit correlates strongly by the type of degree.[/quote] Most humanities and social science PhD programs also are typically ‘free.’[/quote] Depends on what you mean. Their stipends are lower than STEM PhD students. $30k/year stipend won’t get you far in Boston or Berkeley even with several roommates. Definitely not free wrt opportunity cost![/quote]
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