Earlier quoted context omitted.
I mean PhD might be a piece of paper but most people I know who do them in marketable fields don’t pay tuition and get paid assistantships
When I say expense, I mean your time, your youth and the fact that you could have been getting paid a lot more in that time period; all of which are very expensive things to ask of anyone.
I'm sure you are familiar with the concept of fuckyou money. Its a different number for different people.
Say that number is 5. I will give you many examples below. Every example is a real living person. I personally know every one of these people.
(enterprise programmer in stodgy bank in usa) 1 + 1 + 1 + 1 + 1 = 5
(enterprise programmer in stodgy bank in poor country) 0.5 + 0.5 + 0.5 + ... + 0.5 = 5
( steady progress in startup until faang acquired it) 0.5 + 0.8 + 1.2 + 1.2 + 1.3 + 6 > 5
( many failed startups in valley until 1 success) 0.5 + 0.8 + -2 + 0.5 + 0.7 + -2 + 0.5 + 20 >> 5
( phd student whose invention was purchased by salesforce ) 0.1 + 0.1 + 0.1 + 0.1 + 0.1 + 0.1 + 15 >> 5
( phd student who ended up in fang ) 0.1 + 0.1 + 0.1 + 0.1 + 0.1 + 0.1 + 2 + 3 > 5
etc.