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Posted by Craig on 05:42:00 AM in Fun
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Baloney. The cost to become a journalist at most newspapers is really low. Yes, the pay is low too, but the amount you spend (including opportunity cost) vs. the amount you earn has a better ratio than a humanities PhD.
Ted Craig |
October 02, 2013 at 07:52 AM
Unnecessarily long article, but the basic point is sound: studying the humanities is more enjoyable than learning accounting or programming, so it is still a good deal to pursue a PhD in those fields if it is your passion. Just don't expect the same job prospects as in economics, business, computer science or engineering.
However, the writer believes PhD debt is a myth, or at least overstated. I am not so sure.
Jack PQ |
October 02, 2013 at 10:16 AM
"studying the humanities is more enjoyable than learning accounting or programming"
I was not a student of the humanities, of accounting, or of programming. But my guess is that students within each of those disciplines (as well as others, of course) would have differing opinions.
October 02, 2013 at 03:12 PM
Not so many years ago my wife and I were grad students. She went ABD but didn't finish and I earned my PhD. By being grad assistants and working at least one outside job each for the whole period of starting on the MS to the end, years later, and living 'cheap' we graduated with only $4000 student debt. I'll be honest. That was the year we got married, and I took out the student loan to cover part of those costs [I paid my own cash for her engagement and wedding rings prior] and for a really cheap honeymoon to Jamaica.
She had no debt. We were poor. Probably qualified for various programs that we didn't check. I had colleagues who even then graduate or just left who ended up with 50K to, in one case, over 100K of accumulated student debt.
At least half of the students I knew who got the PhD did not end up teaching. Mostly due to a lack of openings that matched their qualifications. [If you love political philosophy, please realize that there are about 6 or so openings for professors in that area a year. Most go to graduates of top schools.]
I got lucky, but I was about to give up and work for the Census Bureau. Still, the decision could be made more rationally since we had practically no debt.
October 03, 2013 at 08:41 AM
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