What's another year? The lengthening training and career paths of scientists.

Lengthening doctorate and post-doctorate training allow science, technology, engineering, and mathematics (STEM) Ph.Ds. to persist in high-intensity academic research environments at the cost of significant lifetime earnings. Using the largest longitudinal survey of U.S. Ph.D. recipients, I construc...

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Main Author: Stephanie D Cheng
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2023-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0285550
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author Stephanie D Cheng
author_facet Stephanie D Cheng
author_sort Stephanie D Cheng
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description Lengthening doctorate and post-doctorate training allow science, technology, engineering, and mathematics (STEM) Ph.Ds. to persist in high-intensity academic research environments at the cost of significant lifetime earnings. Using the largest longitudinal survey of U.S. Ph.D. recipients, I construct career paths for 135,599 STEM research doctorate holders over six job types and two employment statuses. Examining Ph.D. cohorts in four major STEM fields from 1950 to the present, I find evidence that the increasingly prevalent postdoctoral position allow STEM Ph.Ds. to remain in high-intensity academic research positions, albeit not necessarily on the tenure-track. However, these research opportunities come with an approximately $3,700 deduction in annual earnings per postdoctoral year. Taken together, STEM Ph.Ds. must weigh the non-pecuniary costs of remaining in academic research with this earnings loss to determine if postdoctoral positions are a worthwhile investment.
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spelling doaj.art-362182ffea9e4c809192c4fe7921dfeb2023-06-16T05:31:11ZengPublic Library of Science (PLoS)PLoS ONE1932-62032023-01-01185e028555010.1371/journal.pone.0285550What's another year? The lengthening training and career paths of scientists.Stephanie D ChengLengthening doctorate and post-doctorate training allow science, technology, engineering, and mathematics (STEM) Ph.Ds. to persist in high-intensity academic research environments at the cost of significant lifetime earnings. Using the largest longitudinal survey of U.S. Ph.D. recipients, I construct career paths for 135,599 STEM research doctorate holders over six job types and two employment statuses. Examining Ph.D. cohorts in four major STEM fields from 1950 to the present, I find evidence that the increasingly prevalent postdoctoral position allow STEM Ph.Ds. to remain in high-intensity academic research positions, albeit not necessarily on the tenure-track. However, these research opportunities come with an approximately $3,700 deduction in annual earnings per postdoctoral year. Taken together, STEM Ph.Ds. must weigh the non-pecuniary costs of remaining in academic research with this earnings loss to determine if postdoctoral positions are a worthwhile investment.https://doi.org/10.1371/journal.pone.0285550
spellingShingle Stephanie D Cheng
What's another year? The lengthening training and career paths of scientists.
PLoS ONE
title What's another year? The lengthening training and career paths of scientists.
title_full What's another year? The lengthening training and career paths of scientists.
title_fullStr What's another year? The lengthening training and career paths of scientists.
title_full_unstemmed What's another year? The lengthening training and career paths of scientists.
title_short What's another year? The lengthening training and career paths of scientists.
title_sort what s another year the lengthening training and career paths of scientists
url https://doi.org/10.1371/journal.pone.0285550
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