Some may look back 5 years or even 10 years post-PhD and say it was definitely worth it. Others may be fresh out of graduate school and have a different view/opinion or may only feel frustration.
It may be defined by the job you ended up with (or ultimately want), the opportunities that your PhD led to, or how you define success. Others may say the PhD gave them more credibility, upwards mobility, and technical expertise needed for their job. Others may have pursued a different field apart from their PhD training and claim the PhD served a much different purpose (such as self-discovery).
The skills learned during a PhD are also invaluable in many ways, but the reality is that these transferable skills still don’t seem to be enough by themselves to land your first job in many cases (although very job and company dependent). But whether a PhD program ‘fully’ trains or prepares you for the job market or not, still doesn’t define its worth. The point is that a PhD-even if it doesn’t pay off now-certainly can (or will) later. But one very important point to make is this:
How you define the value of a PhD or if it was worth 5-7 years of your life (and time out of the workforce)-is entirely individualistic.
With that said, let’s go into this article-which is written by Michelle Capes, along with 2 other PhD’s who offer their perspective. Please keep an open mind as you read through the comments, as each PhD will have their own experiences which may be different from your own.