DoctorateMost doctorate degree programs cost approximately $200,000 so it can be seen that a doctorate degree is a significant financial investment. A doctorate degree can also take a long stretch of time to complete, approximately 5 years, so you will need stamina and commitment to gain your certification, and it is only worth considering if you know that you will give it your best, to get the highest mark you can.

Study programs are usually full time, which means that it is not always possible to work alongside undertaking your degree. Although grants and scholarships are available there are not as many grants and scholarships as there is people studying and eligibility criteria can be strict. Students can take out loans to help them throughout their studies, but this is a big step to take and can leave students in debt for years to come. This is why it is so important to assess if doctoral studies are for you and if you are prepared to give your all, in order to get top grades.

If you are serious about studying at doctoral level, the good news is that salary wise you can expect a huge return on your investment, as your salary will outstrip that of others who do not have a doctoral degree. Salary amounts will depend on which sector you choose to work in, for example doctors tend to earn more than college lecturers, so this may also be something to consider when you choose which course you would like to take.

A PHD can take double the time it takes to attain a Bachelor. Many students question whether it is better to get a Bachelors and then start working in order to build up their expertise and experience, rather than going the longer study route, which means it can be years before you hit the job market.

At the end of the day it all depends on which type of job you are hoping to get, many professions will require you to take the longer study path, but it is worth researching your options. It is also worth considering if you are prepared to study for that length of time, approximately 43% of doctoral students do not complete their studies as it is such an arduous task.

Check out these 2 great doctorate degrees:


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