Doctoral Degrees: Facts and Figures

If you’re wondering how to get PhD, you might want to arm yourself with a few facts and figures beforehand.

After all, studying for doctoral degrees can take up a lot of your time, with some degrees lasting for up to 6 years. For this, as well as for the financial reasons, choosing to do a PhD is not something that should be considered lightly. To find out more about what you’re getting into, let’s take a look at some doctoral degrees facts and figures.

What Is The PhD Salary and Rates Of Employment Like?

best online phd programs

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PhD graduates have a much better unemployment rate than those who don’t have doctoral degrees. If a high school diploma is the the highest qualification you possess, you have an .8.3% chance of being unemployed.

Conversely, if you have a masters degree, you have a 3.5% chance of being out of work.

Even better, if you have a PhD, there is just a 2.5% chance that you won’t be able to find employment.

In terms of a PhD salary, PhD graduates earn more each month than anyone else in the country. The average median weekly earnings for high school graduates is $652, whilst for those with doctoral degrees it is $1,624.

Over the course of a year, a PhD graduate with a medical degree can expect to earn close to $200,000 a year. This is in contrast with the yearly salary of a lawyer, which averages at around $130,000.

Doctoral Degrees: Men And Women

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It still doesn’t seem all that long ago when there were way more men than women who earned a PhD. These days, though, the gap has shrank.

In 2012, 2 million men earned a PhD. In the same year, 1.8 million women secured doctoral degrees.

The gap, then, is shrinking more and more as more women are studying for a PhD.

Doctoral Degrees: What Skills Are Needed?

There are a number of core skills necessary to attain a PhD. Students need to be able to:

  • Carry Out Extensive Research
  • Write For Scholarly Readerships
  • Manage Complex Ideas

What Are The Most Popular Doctoral Degrees?

At present, workplaces are on the hunt for PhD graduates with doctoral degrees in the following subjects:

  • Biochemists
  • Network Systems Analysts
  • Medical Scientists
  • Biomedical Engineers
  • Mental Health Counsellors

Great, But What Are The Easiest Doctoral Degrees?

The easiest doctoral degree to secure is a business degree. You can even take it online via one of the best online PhD programs, but the bad news is that the business sector is awash with graduates all trying to get the same jobs.

Other fairly easy doctoral degrees include psychology, which again is hugely popular, as well as information technology. Again, I.T. is also besieged by way too many graduates, and as such finding employment is not going to be easy.

What Are The Best Online PhD Programs?

phd salary

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More and more students are securing their degrees very online PhD programs. Our list of the best online PhD programs is based on program cost, acceptance and retention rates, as well as graduation and job placement rates.

  • University of North Carolina at Chapel Hill
  • University of Florida
  • University of Nebraska-Lincoln
  • University of Alabama
  • Temple University
  • University of Northern Iowa

It is worth pointing out that the University of North Carolina at Chapel Hill has an 89% graduation rate, whilst the University of Florida has the highest retention rate – 96%.

So if you are looking for a doctoral degrees help, our team is here to asisst you.

References:
http://www.payscale.com/research/UK/Degree=Doctorate_(PhD)/Salary
http://www.theguardian.com/careers/phd-right-career-option

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