While tuition is the most obvious, there are other hidden costs of getting a PhD that most people don’t consider. For example, PhD candidates lose time that they could devote to their families or other personal pursuits. They may also lose out on opportunities for promotions, training, or career advancement if they have to stop working, not to mention they lose out on benefits such as 401K and health insurance.
This infographic, courtesy of Beyond PhD Coaching, covers all of the costs associated with a PhD.
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Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal.