From where I sit, I certainly wish I had done that. A PhD in CS or EE (the only things I can comment on with personal observation) creates industry opportunitie

From where I sit, I certainly wish I had done that. A PhD in CS or EE (the only things I can comment on with personal observation) creates industry opportunities that an MS doesnt. Better projects. Easier path to project leadership. More choice of projects. More job mobility opportunities (hugely more). This is data from observing how friends, relatives, and aquaintences with PhDs in CS, EE, and Robotics are doing. None on the academic track, by choice. My brother-in-law with the PhD in econ (MIT, no less) chose the academic route, and has faced the tenure struggle.