Doing Grad School For the Money

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When I was in undergrad, I had quite a few friends that were all in the business college at UF. When we weren’t discussing what we were going to drink that night or what workout we were about to do, we were talking about how we are going to to make money and get rich. As an engineering student, I was constantly being bombarded with the comment that I am going to make money and be well off. These comments came from my professors mostly. So, for my entire undergrad, I was focused on getting a good job and making money. Isn’t that really the point of getting an education?

First Job

As I switched gears from undergrad to the “real world”, I realized that everything they told me was a lie, or at least not as truthful as I thought. I figured that my first job would be extremely lucrative and something I could see myself growing in. My first job out of college was an hourly engineering job, making $16 an hour. Not really what I was expecting, but, hey, it’s money right!! I spent 2 years at that job before coming for to school for my doctorate. I realized much later that that job was one of the most important lessons that I have learned in my life.

Because of my puny pay, I decided to get my master’s while working. I specifically strived for a master’s so I could get more money and that back fired. I was told my master’s wouldn’t help the company in any way, and basically getting it was a waste of money. It hurt to hear this, but it set in to motion the best decision I ever made.

Time for Change Sign With Led Light

The Change

The day that I was told that my master’s didn’t matter was the day I had my annual review. I was anticipating a pay increase, which I got, but it was also the same day I decided I needed change. My pay increase was $1.80 an hour more and I became a salaried employee. No more overtime for me. I loved working at that company because of the people. Engineers are just some of the coolest people and extremely friendly. That’s why making the decision to do my doctorate was so hard. It was scary, but doing things that are scary can help you get to a very magical place.

New Beginnings

Leaving the firm was a hard decision, and I did it mostly because I was chasing money. I took a big financial hit when I found out how much my stipend was, but I was going to be a millionaire after college, right? I realized very quickly that my choice to come to grad school was not because of money, but because I loved to learn things and I wanted to explore the unknown. It took me a whole 2 years to realize that what I do is not about the money, it’s about the journey that many people do not take. It’s about contributing to science and humanity. Money will come and go, but the lessons I have learned in the 3 years I’ve been here will stay with me forever. Those lessons are priceless.

It’s Ok

It is ok to come to grad school to get a pay increase. In fact, that’s the main reason why many people do their master’s. Doing your doctorate shouldn’t be for money though. You put yourself through this journey because you love the subject. This journey is hard. It is exhausting and it will wear you down to nothing, but you keep going. The money will come, don’t worry about that. Doing your doctorate will also not cause much of a pay increase compared to a master’s either. You do this because of the love of the subject.

I am doing my doctorate, now, because I love science. Also, I get to mess around with chemicals all day and get to explore the unknown. I love being able to teach other’s crazy difficult concepts. Getting to present your findings is also super fun as well. It’s not about the money, it’s about finding what you are passionate about. That will truly make you happy. As for the lesson I learned from my previous job, that one was super easy to realize. I learned that finding what I was passionate about was more rewarding than having a good paying job. Sure, money is great,but over the years I have learned that actually enjoying what I do is worth more than any paycheck I receive.

Do something because you love it. Life is too short to be miserable. I hope you all have a wonderful day.

**If you or someone you know is suffering from mental health issues, I highly recommend that they seek help. Online-Therapy.com or TalkSpace.com are great ways to reach out to a licensed therapist and get the help needed. Therapy has 100% helped me and I know it can help you.

4 thoughts on “Doing Grad School For the Money

  1. Pingback: Should You Get a Master's or PhD? - MINDFULNESS IN GRAD SCHOOL

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