> They lose the most critical part of life they must be earning and saving to harness the power of compounding to become financially secure. That probably tell

> They lose the most critical part of life they must be earning and saving to harness the power of compounding to become financially secure. That probably tells more about your country than about doing a PhD. In where I came from, financial security was something you had by default if you had some social capital, useful skills, determination, and a degree. You had to be particularly unlucky to lose it after that. Financial security only became a relevant concern after I moved to the US.