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Wednesday, June 24, 2009

PhDs in Philosophy Make Zero Money

I've noticed that someone came to my blog by googling something like "how much do PhDs in philosophy make". Dude, there are virtually no jobs in this field. I think this degree is even less valuable than a PhD in English (and a PhD in English is often not worth the paper it is printed on). At least, I can see some ways of making money outside of academia with an English degree. But I just don't see why would anyone hire a philosopher. So here's the answer: PhDs in philosophy make close to zero US dollars per year. So you should pursue the degree only if your love for philosophy is so great that you are willing to live in poverty your whole life.

But here's a tip for you that may be a somewhat better compromise between your interests and the sad reality where people cannot live without money. Think about majoring in Management/Business Ethics. I think this area is becoming hotter and hotter. But hear me loud and clear: this may be a better, but by no means a good idea. I doubt the employment prospects for those with a PhD in Management are very bright, although they are definitely better than those with doctoral degrees in humanities. Moreover, it may be easier to get a non-academic job with this degree. But make sure you go into a business school for your degree, and not to a Psychology/Sociology department.

2 comments:

  1. Is your philosophy?

    1. Live to Work.
    2. Work to live.

    I think you are out there to make more money than is necessary. Minimum wage sucks compared to $60,000/year, but if you are doing what you want to do -- philosophy is obviously not your first choice -- all you have to make sure is that you have enough money to survive. Because if you are surviving AND are doing something you want, then it can't be bad.

    Ryan

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