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!

Mekas2016:
It's better to go on with the PhD, On the long run you will be glad you did providing your course of study is a competitive one.
Also have in mind that the UK gives employment permit to only people with high skills giving you a better standing and privilege since PhD is on level 10.
I have a Masters degree in Computer science here in the UK, But only got a job after I did some professional courses on CCNA, CCNP and Cyber security before I was able to land a good job!
You would not want to return to Nigeria after spending so much, Even a kitchen porter here earns approximately 800k per month which is more than what an average professors earns in Nigeria.
Also your expenses can be subsidised with some little jobs from the Agency Jobs as your student visa allows you to work part time during your study time and full time on holidays.
In Summary take up the opportunity! A person with 100euros in Europe is better insured than a person with 100million in Nigeria. ,

erico2k2:

No disrespect, PhD involves loads of research, something the 9ja schools are not ye at grip with!

kikero:


A PhD is always worth it., especially in Nigeria where lecturers with PhD aren't very common.

EdoPrince93:
[s][/s]

Who are the we?

Onebottle:
16m
I go take am buy 5 phd for naija here

kokanepyramid:

Someone that is possessed.

DexterousOne:


Invest indeed

Invest in WHAT?

kikero:


Nigerian schools do still produce PhD's.

The problem is funding. Education budgets are usually in the region of 1-2 billion dollars US...to be shared among 70 universities, secondary schools and primary schools. (while foreign universities have spending budgets in the tens of billions...which means they can fund facilities for research, which attracts more private and public funding)

The problem is further compounded by fees being kept very low...$300 and below...(because we are an oil producing country)..which makes matters worse.

kikero:


A PhD is always worth it., especially in Nigeria where lecturers with PhD aren't very common.

eni4real:
Excuse me
16 M what ??

Naira or Kobo??

You are a 'made-man' with 16M Naira.. Don't lose it just like that!!!

pmoye:
As someone with a London Master degree from one of the leading university in the World and a PhD from Germany, I can tell you upfront that it ain't worth it. There, I said it. I consider the tuition and accompanying expenses for PhD degrees in the UK highly exploitative and no one should ever have to pay for a PhD degree.

You would ask me why. PhD training isn't about you get a degree but is about you contributing effort, time and lota lota pain to solving a human problem. PhD training is more an employment that it is schooling. The more reason I so much respect countries that pay PhD candidates monthly salaries/stipendum. My PhD in Germany I was receiving a monthly salary of about 1,700 euro after all taxes and deductions.

Getting a position like this in Germany, The Netherlands, etc is very competitive but you should insist on being fairly paid for your effort during your PhD training. No matter how long it takes for you to get such a position, well except you are not good enough for the openings (no pun intended here, just stating the obvious).

Plus, no matter how much you spend on getting an overpriced PhD, employment after the degree is never guaranteed.

UK exploits people in this regards, don't waste your money on a UK degree which is arguably not as good as what you get from countries like Germany.

being:
That's throwing money down the drain I can tell you so confidently. What job do you think you 'll get after that that 'll compensate for that cost? Do you think you 'll be employed in the UK? Of course that's a low chance! Next thing is why are you even doing a Ph.D.?! If the answer isn't because you really have a passion for the academia/lecturing then you are simply wasting the time & resources. If otherwise, note that phd shouldn't cost your own money!! You should get assistantships & scholarships for it because there are a lot of it. You should go to Canada or some Scandinavian country for this. Whatever the case just note your 16M for studies in UK has zero ROI. What job will you get then that you can't get now? I'd rather you obtain the money and just even buy Treasury bills with it. And that's about 2M per annum income for u dude. Now I'm even sure you ve not considered that the amt will be much more than that because the pound naira rate will become more expensive due to oil price crash.

BiggestGurl19:

Sorry where did you get your statistics from?

Mateen1000:
Anywayz I know you are lying

But it doesn’t worth it
With 16M you can relocate permanently to Switzerland or Romania or any other Average european country and live the best life while you work also.

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!

kikero:


I guess that's because the specific research he wants to do can only be done there in that particular university.

When you apply for a PhD, you are also hoping a specific supervisor would take an interest in your project and hopefully there would be space in the school for you. Applying again to any US university might take a long time...as he may have to find an actual university where he can do his project.

I also suspect OP has found his funding....and the funding has to be spent in that particular university.(though from the way he is talking, he may not have found it yet)

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

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!

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

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!