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Is a PHD Worth It?

What is the point of getting a PhD? Is it worth it to go after one? Is it worth it to put in the work and effort to get one? These are questions that should be answered before any doctorate degree is acquired. After all, a doctorate degree is earned for two reasons, to help further one’s career or to earn a decent living. So if one is not sure what they will actually benefit from pursuing such an advanced level of education, it may be best to wait and earn that PHD through a secondary educational program.

Although getting a PHD does come with a lot of benefits, there are some drawbacks that should be considered as well. The main drawback is the prestige that comes along with obtaining such a degree. As with most graduate degrees, a doctorate degree is earned through rigorous, supervised and often time-consuming courses at a prestigious university or institution. This degree is almost always attainable only through the help of numerous academic advisors, post-graduate scholars, and tutors at the various universities or institutions that offer this kind of advanced education.

So why should anyone pursue a doctorate degree? The reason is the prestige that goes with it. As with most graduate degrees, those who earn a PHD have significantly higher salaries than those with only a bachelor’s degree. The reasons for this are varied but many assume that a doctorate helps one attain a position in academia, which holds tremendous economic value in today’s society. A doctorate holder will usually have better job security as well.

Another reason why some consider it worth it to get a PHD is because it helps one attain a specialized designation. A few areas where the students can go after completing their undergraduate degrees include aerospace, mathematics, chemistry, and computer science, just to name a few. With this in mind, it is understandable why so many phd holders choose to go on to become researchers in their chosen fields. This also allows them to apply their knowledge in different fields to help other scientists improve their research methods. This makes the worth it if the student plans on staying in academia long enough to earn another doctorate.

Of course, earning a PHD can also open up entirely new career options. Many graduate students who earn a PHD choose to work in academic settings such as government, industry, or nonprofit organizations. In some cases, they end up working in laboratories of various academic and non-academic hospitals. Whatever the case may be, it is important to understand that a person may be able to maximize his or her earning potential by earning a PHD.

If you decide to go after a doctorate, you should expect to put in the same amount of work and effort that you would have put into earning a bachelor’s degree. The degree itself is nothing more than a diploma. So, with this being said, don’t let yourself be fooled into thinking that you can graduate from an accredited graduate school and immediately find a job with a PHD sitting in your name. There are just as many employment opportunities as there were when people were only allowed to enroll in accredited universities. People pursuing doctorates should therefore not leave their current jobs without at least submitting their application for a PHD program. If you are serious about pursuing a doctorate degree, do the work, get the education, and make good on your end of the bargain.