Anonymous wrote:Anonymous wrote:I’m not really sure who PhDs are aimed at. I had to take out the max student loans just to afford a bachelor’s and I understood that I needed to start earning ASAP. No time to frolic about studying literature or zoology.
Google is your friend.
You'll quickly learn no one is frolicking through them.
Anonymous wrote:
A PhD is required in my field of research, OP.
You cannot be a Principal Investigator at NIH or any academic institution without one.
Surely you support medical research? The people who study cancer pathways, diabetes and heart disease, Alzheimer’s, etc?
My husband has an MD and a PhD. He uses both for his work.
Research is a labor of love. The goal is not wealth.
Think about that next time you go to the doctor, and benefit from modern medicine and treatments. Think about the combined millions of hours from millions of PhD holders around the world whose efforts have led to bring you actual physical relief.
Anonymous wrote:I’m not really sure who PhDs are aimed at. I had to take out the max student loans just to afford a bachelor’s and I understood that I needed to start earning ASAP. No time to frolic about studying literature or zoology.
Anonymous wrote:Anonymous wrote:They are a huge waste of time & money. Massive opportunity cost. If you have undergrad student loans, you will have a very difficult time paying them down during a PhD program. People come out at 29 making $60k if they’re lucky, when they could’ve started making that at 22.
The drop-out rate for PhD candidates is high--about 40%.
Anonymous wrote:Anonymous wrote:
Great then those people can pay for their degrees themselves & stop begging for student loan forgiveness (lots of people begging for that got useless graduate degrees with loans).
Not really relevant to PhDs, the vast majority of whom are funded and don't have student loans.
While I disagree with OP's premise, I would strongly discourage anyone from a PhD offer that isn't funded. Most PhDs are funded degrees.
Anonymous wrote:
Great then those people can pay for their degrees themselves & stop begging for student loan forgiveness (lots of people begging for that got useless graduate degrees with loans).
Anonymous wrote:Anonymous wrote:Nope, everyone who goes into a PhD program is an idiot.
MYOB.
I do think most are idiots & unemployable in the real world
Anonymous wrote:I think science ones are worth it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Baffles the mind that someone thinks a terminal degree in any field won't pay more than stopping along the way. A phD in Psychology is not going to have a bachelors in computer science or vice versa and a phD in psychology always makes more money than a bachelors in Psychology.
You’re missing that most master’s degrees are unfunded and that more education means postponing saving for retirement.
On the other hand, you are missing the point that for some, the goal is not "postponing saving for retirement." For many, it's a true love of the subject. For others, it's a means to and end. My SIL has 4 degrees, no deblt. Loves what she does. My son, year 2 ugrad, already looking into PhD prgrms in his field.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Baffles the mind that someone thinks a terminal degree in any field won't pay more than stopping along the way. A phD in Psychology is not going to have a bachelors in computer science or vice versa and a phD in psychology always makes more money than a bachelors in Psychology.
You’re missing that most master’s degrees are unfunded and that more education means postponing saving for retirement.
What do you mean unfunded? Don’t understand