My wife just got her psychology PhD. Thankfully it was in clinical psych (which from an observer's point of view is the "best" of the psych programs) and she abandoned academia so she has a decent, well-paying job.
America mints way more liberal arts PhDs than we have jobs for. Being in debt w/o a job at 30 is not a great position to be in.
Also, getting the degree (aka being a low-payed servant for her PI) wasn't far from misery. Just one datapoint, but it was not unique among her cohort.
My wife just got her psychology PhD. Thankfully it was in clinical psych (which from an observer's point of view is the "best" of the psych programs) and she abandoned academia so she has a decent, well-paying job.
America mints way more liberal arts PhDs than we have jobs for. Being in debt w/o a job at 30 is not a great position to be in.
Also, getting the degree (aka being a low-payed servant for her PI) wasn't far from misery. Just one datapoint, but it was not unique among her cohort.