Join for FREE,
and start talking with other members, weighing in on community polls,
Also, by registering and logging in you'll see fewer ads and pesky
welcome messages (like this one!)
COMMENTARY Earning a doctorate is widely considered to be an excellent way to boost a person's lifetime earnings potential.*
The bottom line: If you are smart enough to earn a PhD, you are smart enough not to pursue one.
If someone is looking for a social impact career ("public intellectual"), then a PhD is not for them. Unfortunately, the Noam Chomskys, Paul Krugmans and Howard Zinns are a small minority in academia.
I love research and I love my field, but the unfortunate truth is that there simply are not enough jobs in it to go around, so I try to encourage students who ask to go for the more lucrative and secure areas within my broad field.
2. I've never had a professor exploit me.
Professors will exploit you. It takes forever to earn a doctorate degree because graduate students are routinely treated like slaves.
It's not so bad if you consider that your professor also has to fund your tuition. Typical 30-40k out-of-state tuition + 30k stipend is a starting salary.
It's not 30-40k. The advisors of RA's are charged a different rate for tuition. At GT, this amount is about $1,170/mo ( Facilities & Administrative Rates Office of Sponsored Programs ). This number has doubled since I entered grad school 4 years ago, so grad students were even cheaper to keep around then.