A PhD is roughly the same as a Masters for getting a job, except that you get paid a bit more if it's a big company with an HR department. You haven't really developed any skills that are useful, and now you are going to be paired up with some 25 year old that has 3 years of experience more than you do at 30. Well, you might be able to do well, or maybe not, some PhD's are great and some are suck, and the same is true for people without degrees. You have to prove you are valuable. This is all going to make you very depressed since you are facing 50 hour weeks doing work you don't really care about, instead of 9 hour weeks doing only what interests you in Academia, but you have to eat so you might as well get on with it.
Well, that's my summary :) (I'm a bit biased being a dropout)
A PhD is roughly the same as a Masters for getting a job, except that you get paid a bit more if it's a big company with an HR department. You haven't really developed any skills that are useful, and now you are going to be paired up with some 25 year old that has 3 years of experience more than you do at 30. Well, you might be able to do well, or maybe not, some PhD's are great and some are suck, and the same is true for people without degrees. You have to prove you are valuable. This is all going to make you very depressed since you are facing 50 hour weeks doing work you don't really care about, instead of 9 hour weeks doing only what interests you in Academia, but you have to eat so you might as well get on with it.
Well, that's my summary :) (I'm a bit biased being a dropout)