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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Keep in mind that only a fraction of phds work in academia.  [/quote]

That varies widely by field. Gender Studies vs Computer Science for example.[/quote]

I am pretty sure most PhD's do not work in academia.  Even gender studies...There are some organizations (e.g., gov't) that essentially value all PhD's the same.  Sure, Microsoft will be more interested in someone with a PhD is CS than GS, but the Dept of Labor might not care.

In addition, many companies will look at the PhD as an indication that you can work through difficulties, and an indication that you have a good work ethic.  (Both of which are extremely helpful in finishing a doctorate).

The PhD is hard work.  I know.  And it is emotionally draining.  In essence, I had to define the problem, identify the appropriate methodology to determine an answer, conduct the research, write it up and defend it.  This is true in Gender Studies and Physics.  And you often have to deal with difficult people (academics are often not the best adjusted people in the world).

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