Lynn o'shaughnessy moneywatch jul 10, 2012 am edt flickr user ed brambley cbs moneywatch commentary earning a doctorate is widely considered to be an excellent way to boost a person's lifetime earnings potential. A phd takes twice as long as a bachelor's degree to complete. the average student takes 8.2 years to slog through a phd program and is 33 years old before earning that top diploma. By that age, most americans with mere bachelor's degree are well into establishing themselves professionally. Professors will exploit you. it takes forever to earn a doctorate degree because graduate students are routinely treated like slaves. Grad students perform the grunt work that professors find distasteful, such as teaching undergraduates, grading papers, holding office hours, and playing mother hen to undergrads. And it's hard to say no to a professors' unreasonable demands because grad students needs faculty members on their side.

You could drop out. only about 57 percent of doctoral students will get their phd within 10 years of starting graduate school. You might end up on food stamps. in the three years since the 2008 09 recession, the number of phd's who filed for food stamps tripled to more than 33,655 in 2010, according to the chronicle of higher education's urban institute. In part that's because part time professors, who are paid by the class, can earn less than university secretaries. Academic jobs are tough to find. according to the authors of the book higher education? , america produced more than 100,0 doctoral degrees between 2005 and 2009.

Here's another grim stat from the national science foundation: only 14 percent of americans with a doctorate in biology and the life sciences are landing an academic position within five years of graduating. It could cost you. about 40 percent of phd candidates borrow money to obtain their degrees, with the average debt nearly $37,0, according to finaid.org. You probably won't get tenure. the old model of academics paying their dues and ultimately securing tenure for life at a tree lined campus is archaic. Non tenure track jobs now account for 68 percent of all faculty appointments in the u.s.

College presidents would eliminate tenure if they could. in a pew research center survey, less than a quarter of college presidents said they favor having most of their faculty as full time tenured professors. More than 50 percent of faculty are part timers. part time faculty usually don't have access to health insurance, retirement plans, and other benefits. Jobs can also be scarce outside academia. phd holders in the humanities have long struggled to find jobs related to their expertise, but it's also become challenging in the sciences. For instance, the pharmaceutical industry was once a job haven for phd grads in chemistry and biology, but that pipeline has largely dried up as the industry has consolidated and moved jobs outside the u.s. Graduate schools play with the numbers. it's hard to find graduate schools that provide meaningful job placement information about their alums. If schools don't track where their phd's end up, they won't have to share their dreadful track records.

Unfortunately, you can't eat prestige. but you can write obscure papers that only a handful of people will read. The bottom line: if you are smart enough to earn a phd, you are smart enough not to pursue one. Psychology expert kendra cherry is an author and educator with over a decade experience helping students make sense of psychology. She is the author of the everything psychology book 2nd edition and she has published thousands of articles on diverse topics in psychology including personality, social behavior, child therapy, research methods, and much more. A doctorate level degree in psychology is required to work in many job areas, including as a licensed clinical psychologist or counseling psychologist. A doctorate degree is also often required in fields such as school psychology or health psychology.

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First, it is important to realize that the degree requirements can vary depending upon the field that you decide to pursue. In psychology are qualified for a wide range of teaching, research and clinical positions in colleges, universities, hospitals, government offices and private mental health practices. Degree can also teach or conduct psychology research, but they frequently work in applied settings to provide direct mental health services.

Finally, there is also a third doctorate degree option that you might also want to consider depending on your career goals. If you are interested in working as a school psychologist or in a related educational field, the ed.d. Continue reading below the length of time required to earn your degree depends upon a variety of factors, including the type of degree you have selected, your educational background and the individual doctorate program in which you have enrolled. Generally, if you have a strong background in psychology and have completed all of the necessary prerequisites, you will be able to finish your doctorate degree sooner than students who have not taken the prerequisite courses. In addition to regular coursework, you may also be expected to complete an internship or supervised residency. The program usually culminates in the completion of an original research project or dissertation. Programs already hold a master 39 s degree in a related field, while applicants to ph.d.

eye on psi chi found online at looking for information to help you get a phd degree? a doctor of philosophy, or phd degree, is perhaps one of the most prestigious degrees you can earn. Although it might take between 2 to 4 years to complete, the financial gain is substantial with doctorate degree holders earning almost $40,0 more per year than workers with a bachelor degree bls.gov. A doctorate degree commands respect only 1 in 100 americans hold a doctorate degree. So, regardless of whether you hold a phd, psyd, edd, or dba, you can be sure your degree will be worth its weight in gold. how to get a phd a phd is one of the most prestigious degrees you can obtain. The phd is considered a terminal degree, or the highest degree you can earn in any field.

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If you want to get a phd, there are a few different avenues you can choose, online or on campus. Professionalism is an important part of establishing yourself at the top of any industry. But it isn't just your deeds on the job that matter first, you have to climb that ladder. But how do you get a phd, and what can it do for you? how important is a phd? that depends on what it is you are planning to do with your life. For example, if you wish you become an attorney you really only need a master's and to pass your bar exam.

But if you want to be a judge, a doctorate in criminal justice is the first step. how can i get a phd online? believe it or not, this is actually possible. But they are usually combined programs that allow you to do most work online, then attend workshops, do exams and present your dissertation at the school. Others are fully on the web, but they have special requirements you will want to check out before enrollment, and you have to make sure they are properly accredited.