Reply to Do people who do PhDs realize that they aren’t worth the time?

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[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]

Top social science programs are also free (at least for the top students).

When I applied (social science), I was rejected by #1 program in country, accepted at a T5 program with nothing (would pay tuition), and accepted at three T6-T15 schools with free tuition. One had no stipend, one had a TA job to support stipend (for all years), and one had free stipend (no work required) for first year to be followed by TA/research work in following years.  I was coming from the working world and reconnected with my undergrad profs who had supported my application for advice. They overwhelmingly said take the free stipend option - the three free tuition schools were equal enough and getting free money is by far the best way to start. Ended with no debt and a great job, plus amazing friends and colleagues who are now scattered across the country and world doing a variety of jobs.
 
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