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View Poll Results: Which would you do?
Get the PhD. 17 42.50%
Take the Master's and run! 21 52.50%
Other-description kindly provided below 2 5.00%
Voters: 40. You may not vote on this poll

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Old 10-09-2007, 10:44 PM   #21
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my bro has a masters in that nuke stuff... and hes doing VERY well...
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Old 10-09-2007, 11:17 PM   #22
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William:

I never got past a Bachelor's.... I had a good job in the Plastics industry (when the place tanked some 20 years later I was the Data Processing Manager) and worked as a rent-a-cop on the side. It was time to get out of school....

But it's very individual. My degree is in Philosophy and the Psychology of Religion. I would have had limited opportunities. I did a lot of other stuff in school, including minors in History and Law Enforcement, as well as a lot of OJT "Mechanical Engineering" reinforced by the occasional "not a bad idea" course. Seriously eclectic.... No family then, so the money wasn't an issue. When I finally did get married (at 29) I got a nice raise.... (Another 10 years until Becka came along....)

My youngest nephew got himself a Masters in Linguistics and then decided that his Radiologist brother would be making way too much money. He's in med school now.... (His older sister is waiting for the results of her Bar Exam. His little sister works in an office someplace - looks like she's going to get her "MRS" soon....)

Again, whatever works....

IMHO, this specialty will put you in a good position for about any high-end engineering environment with little re-education. I think I'd go for it.... I should have gone to law school, but don't have any regrets. I'm too old now, and was very comfortable until the former day job poofed and I got sick too. (If I could get the Social Security folks to get their act together and re-start my benefits - they lost the file! - I'd be fine.)

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Old 10-10-2007, 06:47 AM   #23
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Originally Posted by WilliamWallace View Post
\

Seems to me that the PhDs can teach, do research, or run the show at any of the labs or utilities they might end up at. From what I have seen, the Master's guys aren't running the show. Of course, my experience is somewhat limited in the field as I've been in school the whole time, but even the guys at school running nuclear research programs (non-professors) are PhDs. There are no Master's doing that.
I think this is reason enough to get the PhD. Youre going to hit a "glass ceiling" otherwise, both in pay and rank. I work in the scientific field, and see it happen all the time. People get passed over for promotions and certain positions because they dont have Dr. attached to their name.
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Old 10-10-2007, 07:53 AM   #24
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Master's limits versus Doctorate limits.

Opportunities versus expanded opportunities.

Getting paid to go to school w/stipend.

Stipend doesn't cover all the bills.

Doctorate is paid for.

IMO,
GO TO SCHOOL!!!!!

The expanded opportunities and the fact it is being paid for sound's like a great ROI. Your Thesis might even become a book and offset the three years. Heck they're are so many ways to look at this, it's hard to predict what tomorrow will bring, but if someone was paying for school, stipend or not, I'd figure out a way to do it.
But that is me!
This is about you.
So, I'll ask this question.
Do you want to be convinced to do it, or convinced to run away from it?
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Old 10-10-2007, 10:06 AM   #25
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If in your field you can command the same type of income with a masters as with a PhD, Just get the masters.

If you are looking into academia, research, get the PhD.

In my case i got a BS, + additional graduate courses, spent another 4 years in medical school. then another 2 years of post grad training. So 11 years total, before i got out into the world and made a buck.

Looking back, i would've been better off, getting an engineering degree, and making money after the bachelors degree. But I like and enjoy what i do, and run my own practice, and work my own hours.
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Old 10-10-2007, 11:05 AM   #26
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Quote:
Originally Posted by AZXD View Post
Do you want to be convinced to do it, or convinced to run away from it?
Neither, really. The kind of stuff you guys have been saying is really what I was looking for. I guess the poll was pointless because what I was really looking for was some different points of view... kind of like a sounding board for my own thoughts on the subject plus some personal experiences from people who have been there. The things you guys have written have been very helpful.
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Old 10-11-2007, 12:12 PM   #27
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I say get the PHD.

I didn't go into college right out of high school, I went into the Army. It took me 11 years to get my bachelors.

Get the education while you can.
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Old 10-11-2007, 02:03 PM   #28
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The only negative to a PhD is your employment choices are limited by the minimum pay structure most companies have for those with a doctorate.

Unless, of course, in your field you really must have a PhD to get serious employment (ie archeology, maybe nuke eng?).

If it's being paid for and you can afford the extra debt, you should do it, but it probably won't pay off financially for a long time unless you need a PhD to get the work you really want.
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