Embarking on a higher education degree can be a fulfilling yet daunting experience.
What feels like the ‘natural’ next step in a series of academic accomplishments to one person might be another’s worst nightmare.
So why do some pursue this pathway while others avoid it?
WHAT’S UP, DOC?
PhD stands for Doctor of Philosophy. It’s the highest academic degree a person can achieve in any discipline.
To complete a PhD, candidates are required to produce original research that contributes to the expansion of knowledge in their field. They are expected to regularly publish their research in academic journals.
It can be a lot of pressure and a major commitment for at least three years. So what’s the hype?
DOWN THE ACADEMIC RABBIT HOLE
The number of Australian students who completed PhDs increased from 4000 per year in 2000 to around 10,000 per year in 2019, according to a CSIRO report.
This growth can be explained by multiple reasons, including the financial incentives that universities provide to students.
But the desire for a PhD can start with curiosity and a love for research.
Caption: There’s a PhD for everyone, no matter the field of study.
Credit: Botanic Gardens of Sydney via Flickr (CC BY-NC-ND 2.0)
A PhD is also viewed as synonymous with scientific credibility, and it can be the gateway to different careers.
For instance, a PhD provides the training to become an independent researcher as well as the teamwork and management skills desirable across varied professions.
After completing a PhD, researchers can pursue an academic career – either by becoming a lecturer or obtaining tenure or following the postdoctoral pathway.
They could even get a job in industry as there are fewer academic jobs than PhD graduates.
NOT ALL FUN AND GAMES
While the last few decades saw a rise in PhD enrolments, they have declined more recently.
Earlier this year, Universities Australia revealed there was an 8% decrease in PhD enrolments between 2018 and 2023.
And it’s estimated one in five students disengage from their PhD.
The reasons for the decrease in PhD enrolments are varied.
In Australia, the average PhD student is 34 years old and juggles other responsibilities, like a mortgage or children. Working 38 hours per week with an annual stipend of $32,192 is unlikely to cover these expenses.
All of this can take a toll on their mental health.
Caption: A PhD can impact a person’s emotional wellbeing.
Credit: Yan Krukau via Pexels (CC0)
PhD graduates make significant contributions to institutions and the economy (financially and in terms of knowledge).
So while it might not all be smooth sailing, they are not alone – and every contribution counts.