(Shannon Fagan/XiXinXing)
(Shannon Fagan/XiXinXing)

Earning a PhD in Canada likely to provide modest returns, par Simona Chiose du Globe and Mail

The 136-page study estimates that only 2 per cent of jobs require a doctoral degree. And relatively low starting salaries – many in the $50,000 range – mean it takes decades for PhD graduates to close the earnings gap between them and someone with an MA.

(…)

The Conference Board study is significant because it looks at whether the private sector can provide that alternative to academic careers.