Ph.D.'s working in academia generally are paid less than those working outside academia because

Question

Quizplus · Accepted Answer

Ph.D.'s working in academia generally are paid less than those working outside academia because the academic life has many perks and is very desirable. These perks include job security, flexible schedules, and the opportunity to conduct research and pursue their passions. Thus, many people are willing to accept lower salaries for the chance to work in academia.

PhD'S Working in Academia Generally Are Paid Less Than Those