PhD Pros and Cons: Go for it or not – the skinny on earning one?
For those of you who have earned a PhD or the equivalent (e.g., EdD), would you be kind enough to share with me some of your life experiences?
How about the simple pros and cons on working towards a PhD (e.g. time, cost, workload, etc.) and the simple pros and cons about work prospects (e.g., can I find work other than teaching or working for the government, realistic earnings, etc.) after earning it?
I’m not sure if I truly want to pursue it and can use some advice here.
Thanks!
Favorite Answer
Is it worth it? I fell so. There are some positions that require a phD outside of academics. Many R&D positions and govnmt jobs have such requirements. Plus, if you feel like you are overqualifed, take the phD off your resume. Its not like your making somthing up to make you look better on a resume, its the opposite, so its ethical and legal.
Realistic earnings depends on your field, but its not probably much more than an MS if at all. The simple way to decide to “go for it or not”, is to ask yourself if you can do this for the next 6 years (think of your Masters and Bachelors). Can you do that again for 6 years? More importantly, do you WANT to do that?
Also, the longer you wait, the harder it is to do. But then again, some newer programs have “professional or part-time” doctorates (phD, psyD, DPT, Sc.D, etc). You can work and do the program at the same time. But your comment about “the slightest of pulls”, doctorate is nothing like a MS or BS. Its all independent and your alone for 90% of it. In fact, your qualifying essay exams usually let you roam free and have full internet and electronic access during the 14 hour exam, since nobody can help you!
Good luck!
I think it is worth it to pursue the PhD because you will have more opportunities and you will be more valuable in your field.
Only 3% of the population has PhDs…..you will be at the top.
Email me if you have any other questions.
But this I can say with certainty: If you have an unquenchable passion to do research in your particular subfield of interest for the entirety of your working life, then consider a PhD. If you do not have this overwhelming burning desire to do research in a very specialized area, there is no reason to pursue the PhD.