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nobelium102
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Clever-Name said:I don't like the tone the person uses in that post but yea.. it's more or less accurate.
qspeechc said:Er, how about doing a PhD because you're actually interested in what you study? Does that count for nothing? How about all that time you get to devote mostly to studying something you love, an opportunity you will not get if you go and work rather than study for a PhD? And when you do eventually go and work (i.e. leave academia) people who have more years of education generally earn more. A very one-sided article.
ZapperZ said:On the other hand, I see kids wanting to be a theorist doing cosmology, string theory, etc.. etc. where the employability is so low and the competition for jobs is so high, they'll end up doing something entirely different just to make a living. At some point, what you end up specializing in, and your employability, do matter and can greatly influence your ability to land a job!
But switch fields and go into high energy physics, cosmology/astrophysics, etc.. etc., and the situation looks awfully like that!
My only advice here is that, go in with your eyes wide open. If you choose to go into a field that has less degree of employability, and you are willing to accept the risk, then that's fine.
Just don't do it and then express shock and anger when you graduate and can't find a decent job in what you want to do. We all assume some risk in life, and nothing is guaranteed. The question is, have you done enough homework to know the degree of risk you are accepting?
Bourbaki1123 said:Fields like theoretical physics are over-saturated with extremely bright people
Just look at Aubrey De Grey, he went from computer science to aging research. Is he typical?
And when you do eventually go and work (i.e. leave academia) people who have more years of education generally earn more
ParticleGrl said:Generally, people who get years-on-the-job experience instead of doing a phd earn more than the people who go the phd route. As an anecdote to this- I recently had a job interview conducted by someone who was a student in a physics class I taught a few years ago (I recently finished a phd), if I get hired, he will be my immediate superior.
The report titled "The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings" (.pdf) reveals that over an adult's working life, high school graduates can expect, on average, to earn $1.2 million; those with a bachelor's degree, $2.1 million; and people with a master's degree, $2.5 million.
Persons with doctoral degrees earn an average of $3.4 million during their working life, while those with professional degrees do best at $4.4 million.
"At most ages, more education equates with higher earnings, and the payoff is most notable at the highest educational levels," said Jennifer Cheeseman Day, co-author of the report.
The figures are based on 1999 earnings projected over a typical work life, defined as the period from ages 25 through 64.
ParticleGrl said:Generally, people who get years-on-the-job experience instead of doing a phd earn more than the people who go the phd route. As an anecdote to this- I recently had a job interview conducted by someone who was a student in a physics class I taught a few years ago (I recently finished a phd), if I get hired, he will be my immediate superior.
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