how long should you stay in graduate school?
How many years should a PhD program take? Let’s assume that you are well prepared and that you finish exams and courses in a brisk pace. First, you have to realize that some disciplines (like engineering) have short clocks. You have no choice. You will graduate in about four or five years.
Now, for the rest of academia, you choose how long to stay in. Previously, I talked about how you can nudge your committee into letting you finish. Roughly speaking, once you publish, you are done. But when should you do this? To figure this out, consider the following:
- There are many strong arguments for *not* staying an extra year. Every year you are in graduate school, you loose a lot of money. Your potential salary – graduate student stipend >> 0. Also, there’s an argument for “growing up” and being a professional with a real job and office.
- There are a few arguments for staying in. If you have no publications, spending a year to get a paper accepted can have a huge impact. There are some specialties that simply require a long time. If you happen to be in a horrible job market, it may help to wait a little.
My argument is that there is a presumption for a shorter period of time. Most people should aim for “short” of 4-6 years unless you have a really, really good excuse.