If you get a PhD, make it an economics PhD(theweek.com)
theweek.com
If you get a PhD, make it an economics PhD
http://theweek.com/article/index/255209/if-you-get-a-phd-make-it-an-economics-phd
3 comments
>Compare this to a lab science PhD, in which you basically do the project your advisor tells you to do, and you succeed or fail in part based on whether your advisor chooses a project that works out
This is a complete crock of shit.
A situation like this only happens if you let it happen. If you are active as a grad student in directing your training then you'll have all the freedom you could ask for.
This is a complete crock of shit.
A situation like this only happens if you let it happen. If you are active as a grad student in directing your training then you'll have all the freedom you could ask for.
Of the billionaires on Forbes top 100, only 1 has a Ph.D. By contrast, a couple are high school drop-outs and a fair number are college drop-outs. Source: http://answers.yahoo.com/question/index?qid=20100505134335AA...
Tuition is rising faster than inflation. After 4 years of college, 5 years of grad school, and another 5 years of post-doc work, a Ph.D. could easily accumulate hundreds of thousands of dollars of student debt.
So if making money is your main goal in life, skip the Ph.D.
Tuition is rising faster than inflation. After 4 years of college, 5 years of grad school, and another 5 years of post-doc work, a Ph.D. could easily accumulate hundreds of thousands of dollars of student debt.
So if making money is your main goal in life, skip the Ph.D.
I am one of the dreaded lab PhDs and simply love my life because I love biology. I also have jobs lined up when I graduate because I did well. I did well because I loved my work which enabled me do a lot of work.
The thought of myself getting an economics PhD seems horrifying because I have no interest in it. But hey, if you love economics...