Question: Which is more lucrative, BS, MS, or PhD? Let's say BS you make $70,000/year, MS you make $12,000/year for 2 years and then $75,000 per
Which is more lucrative, BS, MS, or PhD? Let's say BS you make $70,000/year, MS you make $12,000/year for 2 years and then $75,000 per year and for PhD you make $25,000/year for 4 years then $100,000/year. If you assume a 9% APR, how many years until the PhD is worth it or is it ever worth it?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
