Is a PhD worth the time?

A PhD can hurt your finances, sink you in debt, and leave you with no clear path to success in some fields. But PhDs statistically earn more than their and have lower unemployment rates. A PhD also gives you a world-class mind, a global network, and a skill set that can go just about anywhere.

In which field should I do PhD?

Ph. D.

Popular PhD courses in Humanities
PhD in Humanities	PhD Economics
PhD Computer Science Engineering	PhD in Electronics and Communication Engineering
PhD in Information Technology	PhD in Ceramic Engineering
PhD in Marine Biotechnology	PhD in Chemical Engineering

Is a PhD a waste of time and money?

From the knowledge perspective, a PhD would never be a waste of time. There are no fields I can think of in which your level of expertise would not at least be marginally improved by the focus and intensive study required by a doctoral program. In terms of job opportunities?

What is the drop-out rate of PhD students?

That is true; but drop-out rates suggest that many students become dispirited. In America only 57\% of doctoral students will have a PhD ten years after their first date of enrolment. In the humanities, where most students pay for their own PhDs, the figure is 49\%.

What happens to PhD graduates after they complete their degrees?

One OECD study shows that five years after receiving their degrees, more than 60\% of PhDs in Slovakia and more than 45\% in Belgium, the Czech Republic, Germany and Spain were still on temporary contracts. Many were postdocs. About one-third of Austria’s PhD graduates take jobs unrelated to their degrees.

How did America become the world’s leading university for PhDs?

American universities geared up first: by 1970 America was producing just under a third of the world’s university students and half of its science and technology PhDs (at that time it had only 6\% of the global population). Since then America’s annual output of PhDs has doubled, to 64,000.