When I checked Cecilia’s Blog over at PhD Comics, I was expecting to get a fun read. But it turned out to be a rather depressing story from CNN Money.
The article analyzes the cost/earning ratios of some professions and lists academic research scientist as a “career with one of the most disproportionate ratios of training to pay”. Below is an excerpt:
A Ph.D. program and dissertation are requirements for the job, which can take between six and eight years to complete. (See correction.) Add to that several years in the postdoctoral phase of one’s career to qualify for much coveted tenure-track positions.Correction: An earlier version of this story understated the number of years it takes to get a PhD in the sciences. CNN/Money regrets the error.
Well, I found the correction more depressing then the disproportionate pay fact. The earlier version of the story that was excerpted on Cecilia’s Blog states the degree completion as four to six years! And, that is an understatement? Engineering is different from science, but I hope the “PhD in the sciences” phrase does not contain Electrical Engineering!
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