Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP. not medical. possibly work at research institute.
Biology degrees are generally low paying for this type of work. Hopefully you and child understand all this.
OMG. Everything except engineering is deemed low paying on this site.
No. However, biology (as well as chemistry) are typically know for being low paying jobs, especially since with only a BA/BS you can only do the grunt work in someone's lab. To do any really interesting work (ie why they major in bio or chem) you need a PHD (maybe a MS), so you spend 4 years in undergrad getting a difficult stem degree and the only job you can find using the degree pays you $35-40K with long hours doing "not so exciting work". To get paid more, you need to get your PHD so 5-8 years (depending upon the research). And even then, if not in big Pharma, you might only make $75K, but you are now 28-30 yo, have been living on $30K/year while in the PHD program, have 10+ years of advanced education and you can only make $70-75K.
So do it if you truly love it, but go in knowing you have 8-10years of education to be able to be a research scientist in Bio or Chem, and the path is low paying, long hours and a lot of grunt work/boring work along the way. Great if that's what you want to really do, but go into it understanding the implications.
And yeah if my kid gets a PHD I would hope they could make more than $70K/year. My average college student lives in a MCOL area and started first job at 22 making $60K, and after 2 years is making 70K+. In 6-7 years, they will be making over $100K easily, not making $70K and just "starting out in life interms of saving for a house, retirement, etc". But they did a finance degree (not directly using the finance degree) and only spent 4 years in undergrad (and I'd argue the finance degree was easier courses than a chemistry or biology degree).