5 ms·
Which country are you from? I don't see how it's physically possible to save 10 years of runway with a PhD's worth of debt and only 6 years of work. I did 10 ye
by jongjong 4y ago
Which country are you from? I don't see how it's physically possible to save 10 years of runway with a PhD's worth of debt and only 6 years of work. I did 10 years of labor with only a Bachelor degree's worth of university debt and my net worth is only enough to get me through 2 years if I liquidate everything... But my startup shares are illiquid (pre-ICO) and all my cryptocurrency is locked to earn forging rewards so in practice I only have about 2 months of liquid runway.
- yolovoe 4y agoPhDs, at least in the US, are free. They actually give you a stipend, usually under $80K/year, but more than $50K/year I'd wager.
- mjjjjjjj 4y agoThis depends highly on the program you are doing. Often, STEM grad students will get paid a stipend but 50k sounds pretty high for a Bio major, and it could include having to do a lot of teaching. I’d guess CS PhDs and especially industry-friendly fields do okay. But other fields don’t make anywhere near that much, if their phd is even paid at all.