Graduate school forces you to overinvest: It’s too high risk.
via Don’t try to dodge the recession with grad school | Penelope Trunk’s Brazen Careerist.
This was an interesting article to read as I occaisionally entertain the thought…

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Very interesting article. I’m only 50% sold on her arguments. I completed grad school and have a good deal of debt to show for it (unfortunate). In addition, I choose not to go into the specific field I studied for (also unfortunate). However, I came out of the experience with more knowledge, confidence and maturity (very fortunate). Do the gains outweigh the debt…not sure.
“Once you adjust for IQ, education, and working hours, post-PhD science jobs are among the most low-paying jobs you could get.”
DAMMIT!