kamundu wrote:Are they really worth it? Thats of unless of course you are in academia.
Statistics in the US alone show that 30% of phds drop out in first year, only 50% finish while average time to finish is 9 years!
In my opinion, they are worth the effort but only if you understand its purpose. I think many of us Kenyans simply accumulate degrees to show off.
To my mind, a PhD (or doctoral degree) is meant to demonstrate that one has the capacity for original thinking, invention and innovation. For this reason, a lot of the best research worldwide is carried out by PhDs or PhD candidates working in academic institutions.
Let me give an example. I recently attended a conference where a dentist from an East Asian country presented his work on a substance derived from seaweed that may be used to treat gum diseases. His whole PhD focuses on this topic and if the tests prove that the compound works, he plans to patent his work and manufacture a commercial product.
The scope of PhD study is also very narrow unlike, say, that of an bachelors or masters degree.
If you intend to teach or work in a research-based institution, go for the PhD. If , however, you prefer to simply specialize in and practice your trade, a bachelors or masters will do fine. Remember, 'papers' alone aren't sufficient.
P.S. I really hate the way we Kenyans use the word 'papers' to refer to academic certificates. Makes them look so cheap.