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Reply to "Started my PHD and parents think I’m making a mistake "
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[quote=Anonymous][quote=Anonymous]What is interesting is to look at BLS statistics ([url]https://www.bls.gov/emp/chart-unemployment-earnings-education.htm[/url]) People with the highest degrees have the lowest unemployment rate and highest salaries (ok, prof. degrees are higher than doctoral degrees in salary). But, PhD's have a 1.5% unemployment rate, and $1743*52=90636 median salary. You might not be able to directly work in your field but the analytical approaches you learn will have broad applications. [img]https://www.bls.gov/emp/images/ep_chart_001.png[/img][/quote] These statistics are usually based on some pretty old data. The current trend shows a lot of underpaid, overeducated PhD's taking work as adjuncts, basically working part time with no benefits and no hope of ever getting an actual faculty appointment (adjuncts aren't even considered). Only those who bring in big research grants get onto tenure track these days. There's not a ton of research $ for gender studies. I think the parents have a point. [/quote]
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