Trello:
Hello everyone - I'm not quite sure whether this is the right section to post this.

Anyways, I currently hold a Master's degree and I also recently gained admission into a PhD program in a UK university but with no funding from the school and the estimated total cost of the tuition and living expenses amount to about #16 million for the 3 years.

So, I decided to come seek the opinion of folks here with better experience if it really worth spending this amount in the long run or should I rather invest this amount?

Thank you in advance!

desthan:
@OP

What have you done with your BSc??

You mean with your added Master Degree you are still a master in nothing, now you are on a quest to bag a PHD.

Even all the renowed billionaire did not posses all this to be master in their chosen field of endeavour.

So tell us, what do you need all these papers for, when you have nothing creative in your mind, not even one idea that can spin billions

tyup:


remove UI from ur List

niyogeol:
I want to assume you live or have lived abroad? If yes, can you kindly enumerate the numbers? Stating minimum wage, hours worked, income after tax and cost of living.

To the best of my knowledge, wages in Europe are not as high as what is obtainable in North America, save for Mexico. For the UK in question, how much is the average entry pay for a graduate? Except for a few who earn big bucks working for USA companies in the UK or the oil industry.

I look forward to your figures. Cheers.

Bolognese:
If you’re doing a lab - based research, and if your supervisor is a difficult person, trust me it will affect you.

If he does 8 hours per week and earns minimum wage of £8.21/hour, that will barely cover his transport to and from work/Uni, rent and feeding for the month.

ernecy:
Dude dont throw money away. try Malaysia , UK is overrated

thesmallgod:

Your thinking is shallow

CoronaVirusPro:
16 what!


I die there!

Rather come to Nigeria and buy 4 PhD from Unilag, UI, OAU and FUTA

Highest I pay 4 million Naira each

16m for wetin. Na me kill Jesus

erico2k2:

to ur 1st question answer yes, I have lived and worked abroad, I cam here very young o utta Uni in 9ja
The minimum wage as it stands is £8.21, this is what you are paid no matter what you do as far as you are above 25 anywhere in the Uk,Ths is the lowest pay even if you live in one Bush. people do an average of 8.5 hours a day some work 12 hours my 9ja people . so most cleaners do 60 hours a week or let me say odd jobs etc.

niyogeol:
But a student can't work 60 hours a week now. Especially during school term. Believe me, working 60 hours a week doesn't come cheap. In most cases you have to combine two jobs or more which also increases your tax burdens. As most job can't afford to give you such hours as it might warrant overtime payment which they are not ready to pay.

Las las, na body dey hear am from this jacky jobs. Not sustainable if you ask me. So in the real sense of this conversation without derailing the original poster's thread, such money you have quoted can't be earned by a student while studying except you abandon your study to work full time which will violate the terms of the person's visa.

govomotors:
I spoke with someone in the US with a PhD a week ago. He informed me that if he knew what he know now, he would have not gone for his PhD.

I asked him why? He said now and days those with Bsc with professional certificate in their chosen career are in more demand then those with PhD without these professional certificate.

He advise one should pursue professional certificate courses instead of PhD.

CoronaVirusPro:
16 what!


I die there!

Rather come to Nigeria and buy 4 PhD from Unilag, UI, OAU and FUTA

Highest I pay 4 million Naira each

16m for wetin. Na me kill Jesus

FutureFocus:


is this how you want to portrait Nigerian institutions result holders before the whole world? do you think the certificates will be useful if we all post this kind of comments ? I challenge the authority of the institutions you ridiculed up there to go after you so you can explain your comments in court.
Seun, I think your moderators need to do more. Thank You

post=87770686:
Normally, you should look at the salary scale of the people doing what you will get to be doing after you are through with your 3 years PhD program,
juxtapose it and weigh your options if it is worth it.

That is the only reasonable thing we can advice you right now with the little information you gave up there.

All the very best.

Trello:
Hello everyone - I'm not quite sure whether this is the right section to post this.

Anyways, I currently hold a Master's degree and I also recently gained admission into a PhD program in a UK university but with no funding from the school and the estimated total cost of the tuition and living expenses amount to about #16 million for the 3 years.

So, I decided to come seek the opinion of folks here with better experience if it really worth spending this amount in the long run or should I rather invest this amount?

Thank you in advance!

post=87770686:
Normally, you should look at the salary scale of the people doing what you will get to be doing after you are through with your 3 years PhD program,
juxtapose it and weigh your options if it is worth it.

That is the only reasonable thing we can advice you right now with the little information you gave up there.

All the very best.

Trello:
Hello everyone - I'm not quite sure whether this is the right section to post this.

Anyways, I currently hold a Master's degree and I also recently gained admission into a PhD program in a UK university but with no funding from the school and the estimated total cost of the tuition and living expenses amount to about #16 million for the 3 years.

So, I decided to come seek the opinion of folks here with better experience if it really worth spending this amount in the long run or should I rather invest this amount?

Thank you in advance!

Trello:
Hello everyone - I'm not quite sure whether this is the right section to post this.

Anyways, I currently hold a Master's degree and I also recently gained admission into a PhD program in a UK university but with no funding from the school and the estimated total cost of the tuition and living expenses amount to about #16 million for the 3 years.

So, I decided to come seek the opinion of folks here with better experience if it really worth spending this amount in the long run or should I rather invest this amount?

Thank you in advance!

frog12:
what did you study in uk and germany? i like your post.

erico2k2:

This is one of the major problems in Nigeria, everybody wants to be a Businessman and think they can do Business, The business people in Nigeria are living in a false Economy cos once a while they suffer the negligence of others.If all business where to be regulated as per the initial basis of doing business, the vast majority of them will shut down!

CoronaVirusPro:

Naxo.
4m will buy a PhD there cash down.

francescainnoce:
Those that don't have money will say "it isn't worth it"
Those that have the money will say "it is worth it"
The Optimist will say "It is worth it"
The pessimist will say "how can you even think about that"
.
.
As a realist, I would say this: studying for the PhD should have a reason why and that justifies the intention to spend 16 milli. Besides, 16 million is only an estimate. I spent over 20 million now. The UK educational system is very promising and encouraging and why the expense is overwhelming, the quality of education is second to non. Given that you are in line with your study, and with God on your side obviously, you can actually gain more after the completion of your study. Statistically, a lecturer earns at least £35k and above and the remuneration structure is fab! Now, if you don't intend to go into academia or research study, any employer will value your degree; it comes with a handsome package and a very well due respect. Alternatively, you can start your own firm because you will most definitely have an innovative idea during these 3 years programme undoubtedly,
For me, the money counts but contributing to the general body of knowledge is a bolster.

Trello:
Hello everyone - I'm not quite sure whether this is the right section to post this.

Anyways, I currently hold a Master's degree and I also recently gained admission into a PhD program in a UK university but with no funding from the school and the estimated total cost of the tuition and living expenses amount to about #16 million for the 3 years.

So, I decided to come seek the opinion of folks here with better experience if it really worth spending this amount in the long run or should I rather invest this amount?

Thank you in advance!

obstead200:
aunty, u are not being realistic. Maybe u are one of those silverspoon fed kids who are guaranteed a job placement back here in Naija. Or u are just schooling for the fun of it.(maybe because Ur husband wants a wife with a PhD).

Now listen, to be realistic, a PhD is basically a means to an end. And the end is simply more money.

So, for me, I can't spend that amount on any PhD except I have a position locked down waiting for me to step into as soon as I am done. Or unless I am very sure of getting a job placement in that foreign land as soon as I am done. If not, then the only way I can undertake such a PhD is through scholarship.

Trust me, PhD is research based. Which means u can do it anywhere, as long as u are willing to do the donkey work, u will still turn out a wonderful research and contribute greatly to the body of knowledge.
I however, had to admit that research is easier over there in UK cos u have access to prime data sources, premium online libraries and current methodologies.