[TopQuark]

Education pays They cannot reach that conclusion on the basis of salaries.

PhD, $112,115; MBA, $97,407; MSEE, $96,642; MSCS, $91,928; BSEE, $83,367; BSCS, $87,826; associate's degree, $65,703.

The premium for Ph.D. is about $5,500, or $165,000 in 30 years. However, if one completes that degree in 5 years, the holder of a Master's earns 96,000 * 5, a great deal more.

[ironman]

Where do you get the $5,500? And usually it only takes 3 years or so beyond and MS to get a PhD. Interesting that my best earning years are ahead of me when I'll be in the 55-59 bracket.