Is a PhD always worth it?

PhD Might Not Be Worth It?

With more PhD graduates now working outside of academia, it's worth asking: Is a doctorate always worth it?A 2023 UK study found that while PhD holders generally earn more per hour than master’s graduates, the difference isn’t universal. In fields like law, economics, and management, master’s degree holders actually earned slightly more.Even more interesting: when factoring in years of work experience, master’s graduates across all fields edged out PhDs in earnings.💡 This challenges the assumption that more education always means more pay, especially outside academia.What do you think? Is the PhD still worth it in today’s job market? Or is a master’s degree enough?🎧 Subscribe in now to remain updated: https://lnkd.in/eE9dteWySource: https://lnkd.in/dEZQiAkg hashtag#PhD hashtag#Podcast hashtag#HigherEducation hashtag#AcademicCareers hashtag#DoctoralTraining hashtag#CareerDevelopment hashtag#Education hashtag#Postgraduate hashtag#PhD hashtag#MastersDegree hashtag#WorkplaceTrends