I now know two people who have quit grad school, more or less permanently. I have certainly thought about it! However, I decided to stick with it. Why? Because having that degree is really worthwhile: it is a mark of status, no matter where you go. The fact that it raises your pay scale doesn’t hurt, either. A primary reason I’m getting my
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What I'd loved doing a year a before (learning, going to class, etc) suddenly felt like a job. I decided that if it was going to feel like a job I wanted to be paid like a job. So I went to make video games instead and I'm not really sorry I made that choice.
You, on the other hand, have been there MUCH MUCH longer which suggests to me that under the pile bullshit there must be the diamond you really love. Doubt and confusion are normal but if you haven't walked away by now then chances are your instincts about what you want are correct.
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Though, if I left, it would have been to join a program to get a teacher's certificate and teach at an elementary or high school level. So I would still be in school and not getting paid for it. Which is a very different situation than leaving to go into industry.
And yes, when it comes down to it, I really like discovering new things and academia is the place to do that. :)
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Having some job security (however low paying) doesn't hurt right now either.
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