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I'm assuming these are jobs offered straight after graduating. I wonder what the trend looks like 5 - 10 years post graduation and whether experience in the fi
by cup 14y ago
I'm assuming these are jobs offered straight after graduating.
I wonder what the trend looks like 5 - 10 years post graduation and whether experience in the field will ever close the gap between an undergraduate and a postgraduate. An extra $60K a year is a huge incentive to undertake a PhD.
I wonder what the level of employment is between different groups.
- ronyeh 14y agoA trend graph would definitely be interesting. Though, during the 6 years in which he/she could have been getting a PhD, the Stanford undergrad earns $480K pre-tax. And ideally you get a raise or two along the way to close the gap.
- austinee 14y agoI had the opposite thought: a PhD might be worthwhile if you really love research, but it's hard to imagine making up the opportunity cost. What's the normal time to PhD? 5-7 years? Five years out of school, my base salary was barely below the range, and salary + bonus was just a bit above the top end of the range. Seven years out of school (without a PhD), my base salary is in the range, and my salary + bonus is substantially above the range. In the meantime, I've been making a six figure salary instead of a grad student stipend. I sometimes regret not doing a PhD, but it's definitely not because of the money.
- Irishsteve 14y agoDoing a phd with the hope of improving your salary is one of the worst ideas ever.