Report Shows No Significant Monetary Difference Between Getting a PhD’s or a Masters in Canada

A report published by the Conference Board of Canada finds that a small number of jobs in Canada require a doctoral degree and those have relatively low starting salaries. This, according to Simona Chiose an education reporter for The Globe and Mail, means it takes decades for PhD graduates to close the earnings gap between them and someone with a Masters Degree. The report co-authored by Dr. Jessica Edge and Daniel Munro generally states that PhD salaries in the United States have grown faster than in Canada because U.S. companies invest more in research and development, and promote the need for specialized skills.     Conference BoardGlobe and Mail

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