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Depends on the field though. Although a good school they will pay for your Phd tuition and give you a small stipend(~1500K), which is not great. But there are w
by itissid 9y ago
Depends on the field though. Although a good school they will pay for your Phd tuition and give you a small stipend(~1500K), which is not great. But there are ways for making up for the lost pay; I do know of a few Data Science Managers who earlier dropped out of their Phd and earned good sums. Some began consulting. Also the big tech firms are recruiting studying Phds to do research for them.
- davemp 9y agoLosing out on an early five years of investing is huge. A ~$30k/yr stipend is not going to be enough to do anything with. > But there are ways for making up for the lost pay; I do know of a few Data Science Managers who earlier dropped out of their Phd and earned good sums. Isn't this supporting my claim that a PhD is a bad deal, if people decide they are better off completing the program? I've also heard the story so many times. Once people have a good idea they realize that completing a PhD is just getting in the way. Instead of researching and studying for ~5yrs they leave and start a company/building a product.