South Africa: Why PhDs Are Good - for Individuals, and for a Country

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[The Conversation Africa] What is the value of a PhD? Is there a need in a developing world country to undertake a PhD study? It's expensive (around R1 million per graduate) and in many regards a luxury for students from poor families. Even for those who have better access to money there's a very real cost in tuition, costs of the research as well as years lost with regards to climbing the career ladder. As students in the southern hemisphere consider their study options for next year, it's worth revisiting the pros and cons of doi

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