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Is it expensive to get a PhD or EdD?

The Cost Of A PhD Or EdD?

The cost of a PhD or EdD can cost about the same, and sometimes more, than a masters degree and requires at least five years of commitment to the degree plan. This cost does not factor in the study and research time. On the flip side, according to the U.S. Census Bureau, professionals with doctorates earn approximately $37,265 more each year than workers with bachelor's degrees. This is the most prestigious of degrees and should be approached with complete confidence and self-assuredness.

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