Things to Negotiate in an Academic Job Offer

If you have to kiss the chair's ring,
you're doing it wrong.

Eventually everyone will be faced with a time when they have a job offer and must decide what (if anything) to try an negotiate for.  Having done this recently myself, this is a list of things you may want to consider.  Not all of these I negotiated for myself, and not all of the things I negotiated for were granted, but I don't think you should ever accept an offer with at least trying to negotiate a little.  Remember, you're not asking for 'favors,' you're asking for things that will make you happier with the offer and may help you do your job better.

Salary:

The is the obvious one.  This depends a lot on the department/college/university in question.  Some have flexibility to bump salary up a lot, some have a little wiggle room (a couple thousand extra), and some simply have no ability (or desire) to change the initial salary offer.  Some have union contracts that specify a specific amount or range for hires, some simply have no additional money for the position, and some are facing serious salary compression issues.  If the department is making multiple hires at once, they may not be able to negotiate all that much if they have to make all other offers equivalent.  Similarly, if they already have someone who accepted X a month ago, they are probably not going to want to give you X + Y if you're being hired at the same level, especially if they would be forced to also provide Y to their already-accepted hire.

If you choose to negotiate/ask for a higher salary, you will probably be better served if you can justify it with comparisons to other (comparable) institutions' salary structures, cost of living differences (especially if you currently have a position/salary), other offers you may have in hand, etc.

You don't want your colleagues
to see you as this guy...

This is, for me at least, the most tricky thing to ask about, as you can easily come off as naive or greedy if you ask for too much.  Further, if you end up jumping ahead of your more senior colleagues due to salary compression, then you can come into the department with bad blood already stacked up against you.  On the other hand, if you get low-balled, and the next year a new hire negotiates for more than you did, you'll feel like you missed an important opportunity and/or that you're being taken advantage of.



In my opinion its best to figure out what the lowest amount you would accept (which might be the initial offer amount), and ask for a reasonable amount over that.  What a 'reasonable amount over that' is really depends on the situation.  I've heard estimates from people that 10% more is reasonable to request at first, 5% more, $5k more, $2k more, etc.  It really depends on your own situation, and (perhaps more importantly) your reading of the situation.  Just remember that every extra dollar in salary will be an extra dollar you get year after year after year, so even a 'modest' increase can add up to a down payment on a house in a few years.

Summer salary or teaching:

Relatedly, if you're in a research-focused department, you might request a month or two of summer salary (or if they're rich and generous, multiple years' worth of summer salary).  This would help you keep focused on your research over the summer (if only for the guilt of getting the extra pay), and may help keep you from picking up additional classes to teach over the summer, thus giving you even more time to work on research.  Some R1/R2 institutions might offer a month or two of summer salary, but more than one summer's worth, at least from what I've seen/heard anecdotally in the sociology/criminology field, seems to be pretty rare.

Alternatively, you might ask to be guaranteed an opportunity to teach over the summer, if that's your department's 'thing.'  A couple of additional courses taught over the summer could, again, be a down payment on a house after a couple years.  If you have the option to teach an already prepped online course, the amount of work you have to put into the summer course could be very reasonable compared to teaching a brand new prep and/or an in-person course.

Teaching load:

While the long term teaching load is likely fixed (2/2, 3/3, etc.), your first semester/year you might be able to get a course reduction (more than that seems quite rare).  You should phrase this negotiation point in terms of the course release(s) helping you to establish your research agenda, write a grant, etc.  If you're in a teaching heavy institution, this is probably less likely to fly, but it might be worth a shot.  In either case, you can also look into setting up a nice course prep schedule (see below).


Course preps:

Depending on the expectations and flexibility of your department, you might request to teach multiple sections of the same course the first semester or year.  This would be a huge benefit in terms of not having to prep multiple courses, especially the first semester, and if you can swing it to teach the same course the whole year, your spring semester should be incredibly easy (possibly allowing you to start prepping for that next fall?).  Even if you can't teach multiple sections, the ability to choose what courses you teach can be a big bonus compared to being assigned courses.  This might also include teaching only undergrad courses the first year, not teaching large seminars, etc.

An RA/TA:

Being able to choose your
RA can be a very big deal

If you're teaching multiple/large classes, having a TA assigned to you might be the norm.  Even if it's not, you might be able to request a grad student be assigned (and paid) to help you with grading, teaching, etc.  On the other hand, if research is a big thing in the department, you might be able to get an RA assigned to you to help with your research and/or some of the grunt work (literature searches/library runs, data coding/cleaning, etc.).  Having an RA assigned to you could also be a great start to future co-authored work, assuming the RA shares your interests.  Related to this, being able to choose your RA might be something else you can negotiate that can go a long way to setting yourself (and them) up for success.

Research/travel funds:

You'll likely get some type of research start up if you're in a research-focused department.  From what I've seen/experienced in the social sciences, this could range from a few grand at more teaching focused places, to more than $25k at some R1 departments.  Sometimes this start up fund includes moving costs in that amount, and sometimes this is a separate budget.  I personally like the idea of combining moving funds with research funds, assuming that 1) the combined amount is the same as the separate amounts would have added up to, and 2) any amount you don't spend on moving remains for your research.

In any case, if you ask for a larger research budget, you should justify the need for it with a list of expenses (hardware/software, data costs, conference travel, etc.) that you'll likely incur from doing your research.  Similarly, you might be able to negotiate a bump in the annual travel funds you have access to, especially if you need to go to foreign countries for your main conference venues.  Another thing to make sure is that your funds do not expire.  Sometimes there is also a release schedule, so that you'll have access to 50% of your start up funds in year 1, 25% in year 2, and the remaining 25% in year 3.  You'll want to figure out if this is the case up front.

Computer equipment:

Related to research funds, some places will buy your first computer setup as a separate deal from the research funds, whereas others (like my current position) may have you buy your equipment out of your research budget.  If it is a separate deal, then you might want to ask for the ability to specify what setup you get (e.g., laptop vs. desktop, processor speed, RAM, hard drive size, dual monitors, external hard drive backup), rather than simply getting the 'standard' desktop setup.  This also goes for specialty software you might need (SPSS, STATA, ArcGIS, etc.).  It would also be a nice bonus if the department is willing to buy that software separate from your research funds, or if they have access to a site license.

Sometimes departments that buy your first computer will have a replacement schedule.  I know of departments with 3 year schedules, which seems fairly reasonable to me.  In any case, you'll want to figure out how long you need to plan to use the computer before you can get it replaced, as that can influence how much of your research funds (if any) you want to spend to upgrade it.

Regardless of whether the computer is paid for from the department or your research funds, I highly recommend getting dual monitors, which *might* require a specialized video card for the computer itself.  This is definitely an expense I would have no qualms about using my research funds for.

Moving funds:

Not smart, but possibly
tax deductible!

From what I've seen, most places will pay at least some of the costs of your move.  One of my friends was given, essentially, a blank check for moving costs, so he went with full packing/loading/unloading, to the tune of, I think, $12k for his cross country move.  My own cross country move cost around $5k for the movers to load/unload the truck and drive it cross country, with almost all of the packing done ourselves.  There was another ~$2k in misc. expenses like gas/food/hotel costs for driving myself, my wife, and our three cats cross country in our vehicle.  In any case, if you're moving a fairly long distance (500+ miles), I'd expect moving costs to be a substantial chunk of change that hopefully the department will help cover.  Also keep in mind that if the moving van cannot fit down your street (either on pickup or delivery), there will be an extra cost for a shuttle.  This can bump up your expenses by a few thousand dollars, so be aware if this will be an issue where you're moving.  Note that moving expenses are largely tax deductible if you're moving to a job more than, I think, 50 miles away from your current place of employment, with some exceptions (like house hunting trip costs, which are taxable income).

House-hunting trip/costs:

Eh, I'll just rub some dirt on the
bumper. I'm sure they won't notice.

Related to moving costs (and sometimes lumped together in the offer) would be costs to house/apartment hunt a few months before you moved.  This obviously will depend on how far away and how expensive the new location will be to visit.  My own house-hunting expenses were about $2k between the cross country flight (for me and the wife), hotel for ~5 days, rental car, and food/misc expenses.  Note that this (at least in the US), counts as taxable income, so I eventually paid tax on that as if it was pure cash in my paycheck.  Regarding the rental car, you can frequently get damage coverage if you use a VISA or other credit card to pay for it (double check this).  This is incredibly important if you happen to (very slowly) smash into the back of a truck with a tow hitch in a random parking lot... not that I'd know anything about that.  Related to that point, dark colors are easier to hide damage on...

A pre-tenure research semester:

Some of the research-focused departments might offer a pre-tenure research semester (i.e., a mid-tenure sabbatical) that you can use to get papers out the door, finish off a book manuscript, do some important research in far away lands, etc.  The idea is that you don't teach anything for the semester (nor have service requirements), and it's supposed to help you get things done and ready for the tenure packet.  Sometimes you can break up the research semester into multiple-semester-course-releases (so if you normally teach a 2/2, and you'd get a 2-course release for 1 semester, you might be able to take a 1-course release for 2 semesters instead, giving you a 1/1 load for that whole year, albeit possibly with service requirements).  I doubt you can realistically negotiate this point, at least as a new assistant professor -- they probably either do or do not offer this to their tenure-track faculty, but it's at least something to ask about to see if it's available.

Time towards tenure and/or clock resetting:

This doesn't really apply to 'new' people on the job market, but if you were changing positions after a year or more at another department, you might have flexibility in exactly how many years you'll have to your tenure decision.  This might mean going up for tenure a year or two early if you've been super productive already.  If you're on the verge of a tenure decision, it might mean being awarded tenure automatically.  If you are feeling a little behind, this might mean resetting the tenure clock all the way back to a 'year 1' status, or pushing the tenure decision back just a year or two.  In any case, this can be an important thing that can give you some breathing room, peace of mind, or a quicker path to tenure.

One last thing


One thing to keep in mind is who holds the purse strings.  In some cases, the person you negotiate with will be able to approve most or all of your requests themselves.  In other cases, they might have to run things by their boss (i.e., a chair running things by a dean).  So the back and forth might take a few days in between 'rounds' of negotiation, or might be tied up in one phone call.  Regardless of who approves (or disapproves) your requests, you can't get something you don't ask for.



That's all I've got at the moment.  If I think of other things you could potentially negotiate, I'll edit this post.

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Image Credit: Baby Bling, The Godfather, Dumb, Moving, Crash

Should you get a PhD? Things to consider.

One thing I never considered when initially looking into MA and PhD programs was that it might, in certain cases, be not such a great idea to pursue a PhD.  While it turned out to be a good decision for me (at least, it seems so thus far), I figured it might be useful to write a post about this issue.  This is not meant as a checklist to decide if a PhD is the right or wrong decision, but rather is meant to be a list of things that the potential PhD student should think about when deciding whether to pursue a PhD, or other opportunities instead.

You said I can make $15,000
per year for five to ten years?!?
HELL YEAH I'M INTERESTED!

1. Do you currently have a good-paying job?
If so, then you will probably be in for a bit of a shock when it comes to the salary of a PhD student.  While I've heard of stipends for Social Science PhD students getting as high as $40,000 in very specific programs/cases (and that amount didn't cover tuition...), more realistic is in the $15,000-$25,000 per year range.  This amount may or may not include summer salary, and may or may not involve 'actual' work (depending on if you receive a fellowship or an assistantship).

Still, assuming you won't have a sugar-daddy or sugar-momma supporting your PhD pursuits, don't have a string of income properties providing you constant rent money, or generous parents who will pay your living expenses, living on that salary may require some sacrifices or creativity.  For me, entering the PhD program in 2006 (when stipends were even lower) meant I took around a 70% decrease in my annual salary.

Also a holder of a Sociology BA degree...

Thankfully I had a sugar-momma/wife who was bringing in big bucks with her Sociology B.A. degree. Still, despite having the earning power of both a grad student and an entry-level case manager in the family, it was still quite a change in our lifestyle after I started the PhD program.  Even after finishing the PhD and receiving a very competitive job offer for an assistant professor position, I will still be making much (much, much) less compared to my friends/coworkers whom started about the same time as me in the non-academic job I left for the PhD, mostly because they have been dutifully (and successfully) climbing the career ladder for the 5 years I spent in grad school.  So yeah... It is very unlikely that a PhD will make you rich (see #2), although it hopefully will still result in a fairly comfortable life once you actually finish.

So, what does this mean for someone considering a PhD program in the Social Sciences?  If you can't possibly see giving up the finer things in life that you currently enjoy in your well-paid job (e.g., eating out regularly, buying newer model cars, living in a fancy apartment, buying food that doesn't begin with 'top' and end with 'ramen', etc.), and you won't otherwise have a sizable stream of income aside from the PhD stipend while in school, you might want to reconsider getting a PhD, or at least reconsider going full time for it.

2. Do you want to be filthy rich when you 'grow up'?

Notice that he was never
referred to as Scrooge
McDuck, PhD... probably
one reason why he was rich.

Getting your PhD in a Social Science field, especially if you intend to pursue an academic job, will not make you rich.  In fact, you may make less money as an academic with a PhD than you would in a non-academic job with an MA but no PhD. (This doesn't count academics who write popular introductory textbooks.)

For example, the median academic salary for a recent Social Science PhD graduate in 2009 was $55,000 (Source).  Going into industry provided a somewhat higher salary, while being a Post Doc provided a somewhat lower salary.  While this salary can provide for a pretty comfortable life, especially if you live in a low cost of living area like much of the midwest or south, you're not going to be a millionaire anytime soon because of it.

Further, if you have to take out student loans while you're in school to cover living expenses or other bills, those monthly payments afterwards can take a serious chunk out of your take home salary (more about funding and PhD programs in a later post). (NOTE: I firmly believe that you should not go into a PhD program if they do not offer you either full tuition remission or a comparably-larger stipend.  Taking out (low-interest) student loans can sometimes be useful, especially to pay off other, higher interest debt, but don't pay tuition for a PhD with student loans!!!)

3. Do you like to leave your work at work?

Oh how I miss
that sweet, sweet
overtime pay...

One of the things I liked about my pre-PhD-program job was that at 5pm (or 6pm if I wanted to make an hour of sweet, sweet overtime pay), I could go home and largely forget about work until the next day.  Yes, it was stressful trying to meet various deadlines, but most of the stuff I did could only be worked on while at work (due to security clearances and stuff).  Once I left for the day, I couldn't really do anything for my work, so I (usually) didn't have to worry about it.

The PhD program is not like that.  You won't be able to consistently show up for classes, work for an hour in your office afterwards, and then take the rest of the night off.  You'll have homework (at least, at first), assistantship duties (which could involve grading assignments, prepping to teach courses, research projects with tight deadlines, etc.), studying for comps, and (eventually) work on your prospectus and dissertation.  There will constantly be something you should be reading (whether for courses, teaching, or your research).

You should probably get used to
empty parking lots when you are
working on your dissertation...

If you don't put in some after-hours work, you could find yourself slipping behind in classes, being unprepared to teach a class (which is one of the worst experiences in the world), and not making a lot of progress on your dissertation.  So, if you pursue a PhD program, you should plan on working at least a few (if not a majority of) evenings each week, and some weekends, especially while you're still taking courses. While a lot of this work can be done from the comfort of your couch, it's still work that needs your attention and mental energy, and it can be taxing both mentally and physically (especially if you like to slouch while reading...).  That said, once classes are over, depending on your assistantship duties you can largely make your own hours, which is a nice perk if you're not a morning person.

The wife and I were also going
to run a small B&B in our spare
time... seriously, we bought
books about it!

4. Are you only willing to live in one specific place? 

When I first started the PhD, I had dreams of becoming a professor and being able to live in the small little village in the Northeast somewhere, teaching a couple classes and then sitting on my porch reading to the sound of leaves falling off the trees.  

After a couple years in the program, I became more knowledgeable about the different types of schools that offered advanced (MA/PhD) criminology/criminal justice degrees in my field.  Needless to say, the states I was most interested in living had very few schools that offered what I would be teaching.  Most of the states that had these programs were in the midwest or the south (like, the south-south...). Once I decided I was really interested in a job at a research-oriented

This probably would have been

me driving to work had we

ended up in the "south-south"

 program, I realized that there were very few of these schools in the Northeast US, and most were in very urban cities (e.g., NYC, Philadelphia, etc.).  Further, since schools almost never hire their own PhD students for tenure-track positions right after graduating, I had effectively burned one of my top choices for my first job by choosing to get a PhD there. (Not that I regret it now, as choosing a great program for your PhD is more important than going to a less-great program and hoping the great program will hire you for your first post-PhD job).

This led me to consider other areas of the country, starting with the mid-Atlantic and north/eastern-Midwest.  I knew convincing my wife to live anywhere BUT the Northeast was going to be tough, so I started early.  Over the last couple years of my PhD program, I slowly hinted to her about working in different states that weren't in the Northeast.  I talked up the benefits of flat cornfields (you can see twisters coming from miles away!), the Canadian wilderness (free healthcare for bear attack wounds!), and deserts (we can pretend we're at a beach that's simply run out of water!). Each state/area I brought up with her was a little further away than the last.  In perhaps a year I had my wife talked into living in about 50% of the US, and by the time I went on the market, I was able to talk her into 'okaying' my application almost anywhere in the US, Canada, and the UK.

Sorry Memorial U.,
I really did try and talk
my wife into living in
Newfoundland, but she
absolutely hates seafood.

Note that I said almost anywhere...  I wasn't able to talk her into some parts of Canada or the deep south (the south-south).  Still, just because my wife and I were willing to live almost anywhere didn't mean that I was able to choose where I got a job.  I sent out perhaps 50 applications to a wide range of programs (Criminal Justice, Criminology, Sociology, Public Policy, etc.), and ended up accepting an offer just before Christmas from a great department in a state I would have never considered a few years ago, simply because it wasn't in the Northeast.  When I visited the state for my interview, I was amazed that it wasn't what I was expecting (in a good way!), and that I could really see myself and my family living there.  When my wife and I went out to look for housing (after I accepted their offer), we realized that we really enjoyed the culture, the 'scenic vistas', the weather, and discovered that we could be very happy here, possibly for a very long time (obviously depending on tenure success and a few other things). 

Dr. Fussy was able to live
in his preferred area, but
had to make sacrifices.

The bottom line was that if I had stood firm on needing to live in a very narrowly defined section of the country, I would have missed out on applying to a number of great programs, and probably would have had to go back on the market the following year.  

Another thing to realize is that the academic job market really is a crap shoot for a new PhD, no matter how much you try and prepare in advance.  It's almost completely random which schools will be posting jobs for assistant professors, the specialties they will want to hire in, the people making up their search committee, and many other things that can all affect whether you get called for an interview for any given job posting, let alone get an offer.  

As it was, I only received the offer I ended up accepting because the first candidate they offered the position to turned it down to accept a job much closer to his family. (I know this because that candidate was/is my friend, and we were very open with our interviews/offers/etc. throughout the job market process -- more on the job market and the need for friends during that process in a later posting).

Beautiful, but flat as hell... are you
willing to live here for 3+ years?

So there are some questions you need to think about when it comes to getting a PhD, and where that might end up sending you in search of a job: Do you have an 'ideal' section of the country you want to live in?  Are you flexible and willing to explore other areas of the country you may have never visited or otherwise considered?  Is your spouse 'stuck' in their job and unable to move?  Are there a lot of potential places to work in your ideal section of the country?  Would you be willing to give up a great job simply because it's not in your ideal section of the country?  Would you be willing to work at a less-than-ideal job in order to be in that ideal section of the country?

5. Do you have realistic job prospects?
Related to #4, do you have a realistic idea of what the job market is like?  In 2009, about 73% of PhD graduates in the Social Sciences (including Psychology) had a 'definite' job or post doc lined up (Source Table 38).  That means that more than 1 in 4 new PhDs did not have anything definitively lined up after they finished.  Are you only interested in working at an R1 (very high research intensive) university when you graduate?  Do you know how many of those jobs are posted each year?  Do you know how many new PhD grads are competing for those jobs?

Yeah, the job market is a little like that...

Without needing to do much digging, I can tell you that there are relatively few R1 jobs each year compared to the number of candidates on the market.  In fact, there are relatively few academic jobs each year period.  For instance, in 2009 there were about 368 PhDs in awarded in Sociology (Source). That same year, there were a total of 324 assistant and open-rank academic jobs advertised (by U.S. institutions) with the American Sociological Association (Source, see Table 1).  Of these, perhaps half were at PhD granting departments, and one third were at R1 programs (Source, see Table 6). Not all of these resulted in filled positions.  Even assuming that some of new Sociology PhDs went into non-academic or non-tenure-track positions, when you consider how many people are searching for jobs (let alone trying to get 'good' jobs, whether that involves teaching or research), and that the assistant professor ranked jobs are also drawing applications from PhDs who have already been out a few years, as well as from non-Sociology departments (e.g., Economics, Public Policy, Psychology, etc.), you have the makings of a very tight job market for new candidates.

Not too far from the truth...

Therefore, you need to be realistic about what type of job you're going to get upon graduation, and whether you'll be happy in less-than-ideal jobs (What if you had to teach 5 courses per semester?  What if you had to adjunct for a couple years?  What if you had to live in a 'crappy' area of the country (see #4)?).  If you enter the PhD program with the 'R1 or bust' mindset, you might end up finding out what 'bust' really means.


6. Are you willing to devote 4+ years to the PhD?
In 2009 the median time in graduate school to earn a PhD in Social Sciences was between 7 and 8 years (Source - Table 28).  That's a damn long time to be working on a PhD, so you need to be sure you really want this, and are willing to put in that time.

Side rant: Yes, there are some people who can finish their Social Science PhD in 3 years.  You're probably not one of them (sorry).  If you do not already have a Master's degree in a related field, I'm almost positive that you're not one of them (again, sorry).  This is because for someone with a Master's degree, you'll likely take courses for the first year and a half, and then have comps to defend, a prospectus to write and defend, and then the rest of the dissertation to write and defend.  Without a Master's degree in a related field, you'll probably be adding another 1.5 years of courses to that schedule (2.5-3 years of courses total). So, the question is whether you are willing to devote 4 or more years to getting your PhD?  If you do finish in 3 years, great!  But don't be fooled into believing that 3 years from start-to-finish is typical, because it simply isn't.

This kid already has two AJS
pubs and an in-press ASR,
and he defends next week.

Another thing to consider is your marketability when you finish. Sometimes taking a little longer may make you much more marketable.  For instance, finishing a PhD in 3 years means you'll probably be on the job market at the start of your third year.  Is this going to give you enough time to make a solid CV?  If you have no publications by then, and want an assistant professor job at a research university, you're going to have a very, very hard time competing for those jobs. If you'd prefer a teaching-focused position, then what are the chances you'll have a significant amount of teaching experience by your third year?  Would you realistically be competitive with someone who took 5 or 6 years to finish, and had 2-3 more years of teaching experience in the mean time?  The only time I can think of that finishing a PhD quickly won't matter for marketability (at least as much) is if you're looking for a job [probably in the private sector] that only cares about the degree being completed, and not any of the other accomplishments like teaching or publishing.

Publishing a paper from
start to finish can take
longer than the gestation
period of a baby elephant.
Fact.

Further, you're unlikely to have many (if any) publications by then simply because writing a solid manuscript can take months and months, if not years, depending on the length of time you have to spend collecting and analyzing data and then writing.  Once you have something you're willing to send out for consideration, the publication process can take upwards of a year from initial submission to final acceptance (assuming you get an R&R on the first try and revise fairly quickly).  It may take another year (or longer) for the article to come out in print. Thus, if you go on the job market after a little over 2 years in the program, it's probably unrealistic that you'll have a solid C.V. by then unless you either 1) started publishing while in a prior MA program, or 2) got hooked up with a major research collaboration/project your first semester in the program, and was put on a paper already being written (in which case you're probably not first author).

7. Do you have a good support system in place?
My friend Sara recommended I add this one, and I think it's a great question.  The PhD can be done alone, but it's much, much harder than if you have a support system helping you through, keeping your spirits up, providing non-academic outlets, and generally helping to keep you a) sane, b) fairly motivated, and c) from dropping out in disgust.  I'll post more on building a support system in grad school in a later post, but you should be asking yourself who is going to support your decision to go to grad school, who is going to help you get through grad school (whether that means letting you bitch to them about the program once and a while, helping you proofread your dissertation, providing a person to bounce ideas off of, or simply helping to make dinner when you're exhausted from a full day of classes and teaching), and who isn't?

In Summary:
All of this may sound like I'm trying to talk you out of a PhD, but that would be far from the truth.  All I wanted to emphasize with this post is that there are a lot of things to consider when first considering a PhD, let alone when you later choose programs to apply for (more about this later).  Finishing a PhD is a LOT of work, and a lot of people don't ever finish.  Further, even finishing a PhD is not going to guarantee you a job, nor will it guarantee you a high salary or the ability to select where you live.  So you should consider what you will be giving up to pursue a PhD, what you want to do with a PhD, the realistic opportunities you'll have after graduation, and the type of life you'll lead as a PhD.  Just make sure you're making an informed decision to pursue (or not pursue) a PhD.

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