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Monday, January 11, 2016

PhD's - Are they worth it?

Good question in Quora, if getting a PhD makes sense.

Am I crazy to leave a six figure salary to get a PhD in computer science?

The person had a 6 figure job with a BS and MS in statistics, and went back to get a PhD in Computer Science.

The person answered yes, but more for the intangibles.

My 2 cents:

If you want to teach College, you need a PhD. The key is you need to get a PhD from the right college and major, or you just wasted your time. Key things to look at are the drop out rate, hire rate, and expected salaries. From what I have read, there is a surplus of PhDs due to a system that has more supply, than demand.

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