Rxpert83 t1_iydupig wrote on November 30, 2022 at 5:46 PM

In the biological sciences, you really need the PhD to maximize income.

Toxicologists are in high demand right now, and 6 figs with a PhD is pretty easily doable.

NoFilterNoLimits t1_iydvyea wrote on November 30, 2022 at 5:54 PM

Bonus points - Ph.D programs are usually funded w/stipend.

gangstashit818 t1_iydwiqn wrote on November 30, 2022 at 5:57 PM

UCLA does this but it's not enough to cover rent. Have to be poor for another 5 years lol

NoFilterNoLimits t1_iydwr24 wrote on November 30, 2022 at 5:59 PM

Yes, it’s definitely a broke life, without a partner to subsidize. 😂 I’m not familiar enough with the field to say if it pays off over earning experience

Rxpert83 t1_iye87n2 wrote on November 30, 2022 at 7:12 PM

The Society of Toxicology publishes a paper with salary figures of it's members every 3 years. The last was in 2020

Those in industry are all over 100k, topping 150k around 10 years exp, 200k around the 20 yr mark.

Independent consulting is well over 200k with 10+years experience.

gangstashit818 t1_iydw39t wrote on November 30, 2022 at 5:55 PM

Just not sure if spending another 5 years getting a PhD is worth the investment.

NoFilterNoLimits t1_iydwha8 wrote on November 30, 2022 at 5:57 PM

Definitely only do it if the program will fund you.

Rxpert83 t1_iye897o wrote on November 30, 2022 at 7:12 PM

Age will def play a role in whether the timelines are worth it for you. Most PhD programs should give you a stipend and cover tuition, but it's peanuts.

The Society of Toxicology publishes a paper with salary figures of it's members every 3 years. The last was in 2020

Those in industry are all over 100k, topping 150k around 10 years exp, 200k around the 20 yr mark.

Independent consulting is well over 200k with 10+years experience.