[go1979]

I regret the PhD. To be precise, grad school won't just not make you richer, it will make you poorer.

Forgetting about the money bit (ha!), lets talk pure knowledge. I learned a lot more on the job than I did in school. In my specific case, I wouldn't have gotten those jobs without the PhD. However, I firmly believe there are high learning jobs that can be had without a PhD.

In CS, a PhD gets paid mid 6 figures. That is also what the average mid career developer gets paid. Go figure.