How much does a PhD make?

Question

I was wondering if you have any idea how much a person with a PhD in engineering fields make. How much of that goes for exemptions and tax stuff?

Answer 1

It's a tough call. You will end making more on average, but the job market is a ton thinner because an experienced non-PhD candidate has been earning experience while you were in school.

It used to be that having a PhD was a lock in many fields. I'd reevaluate your position completely. Unless you'd like to teach in engineering at a university, perhaps moving on after college is usually a typical idea.

Most do the MBA online or sped up at a local university for the full credentials of how to run an engineering firm like a business man.

Unlike the logic of engineering, although working with money seems like adding and subtracting, it's actually a dynamic very different from simple math since human beings are involved.

Back to original point, look for PhDs to make about $20k over a BS-bearing candidate, find a 1:20 tougher chance to find the job because that firm knowingly has to pay you $20k more.