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Aren’t most decent Masters and PhD programs paid already?

My friends in PhD programs are paid a stipend. It’s not an industry level wage if that is what you were meaning, but they certainly don’t pay anything to be there.



Yes, I mean to make up for the opportunity cost of not working. Even if the PhD stipend is around $40-50k, that's nowhere near an industry salary that may be needed to support a family, mortgage, and so on.




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