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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