From the monthly archives

December 2010

Profitable Ph.D.

December 10, 2010

In some cases, you can increase your earning power by getting more education. Indeed, in some fields, a Ph.D. is necessary if you want to get anything like decent pay. On the other hand, there are some fields where having such an advanced degree does not offer very many monetary advantages. Some professions pay more than others, and the same is true of different doctorate degrees.

Getting a Ph.D. can be a worth goal. It shows that you have mastery in your field, and can come with a great sense of accomplishment. However, if you want to get a Ph.D. in order to boost your earning power, it is vital that you do some research. What you pay for your education may not be worth the cost for some professions. If you get a Ph.D. in a profession that pays well, you can easily pay off the cost of your schooling, and live comfortably. [click to continue…]