Ask HN: Paid PhD or Silicon Valley?
I'm at a crossroads in my life with two very different paths and I'm not sure of which to pick. For context, I'm 25/F with a MSME currently in the midwest. I'm in a unique situation and am looking for advice.
My current options:
1. Paid PhD ($90k salary + tuition) at a midwest state university. In exchange, I sign a service commitment with the Department of Energy for ~15 years after the PhD is completed.
2. Move to SV and work at an autonomous car company (think Lyft/Uber ATC). $150k salary + ~$100k in RSUs/year
The government route is obviously very stable and has a pension, decent benefits, etc. However, the work will trend from technical to managerial (contract management, etc) within less than 3 years of graduating with the PhD. Exciting work is traded for stability + pension.
The startup route is almost the polar opposite - not stable but with almost a guarantee of interesting work! Additionally, friends and family (from the midwest) are always talking about the tech bubble in SV and how autonomous car companies could be killed tomorrow by regulation.
If the RSUs are valued at $0, then the SV offer is a slight pay cut.
Many of my academic friends would kill for a $90k/year fellowship + stable job after graduation; many of my industry friends would love a $250k compensation package.
Has anyone been in a similar situation? What route did you take and what information do you know now that would've informed the decision differently? More generally, what advice would you give?
17 comments
[ 3.1 ms ] story [ 53.4 ms ] threadYou should be able to make enough between tuition waivers, being a teaching assistant, and summer internships to live cheaply through grad school. Then when you're done you'll be free, with your new PhD, to pick the awesomest job you can find.
15 years! that's a big portion of life.
Also, it really depends on what will be the area of focus of the PhD program, for which we have no information.
How's $3600 a month in rent grab you? $500k for a down payment on a teardown? An added 30 minutes of commute time on a dingy BART train or averaging 6mph on the 101? Homeless camps and stale urine smells next to multi-millionnaire's homes and offices?
Finding, making, and keeping friends in the valley is double-difficult, because everyone's under such pressure to work extra hours, and the area isn't exactly renowned for its people skills.
If you're looking to settle down and raise a family, you might find the odds are pretty good in SV, though (in terms of single people in that age range that are family-minded and also worth marrying). At least until your kids need daycare.
As someone who's dipped a toe in both, I'd actually recommend giving further thought to the DOE deal. You might even be more fundable (and hirable!) after 15 years' DOE experience, moving to SV, than after 15 years' startup experience in SV.
Thanks for the advice, you've given me some more things to consider.
When I was 18, I wanted to be a fighter pilot more than anything in the world. The 11 year commitment to do so seemed like a no brainer.
I went to college, got commissioned and made my way through flight school. I spent 8 of those 11 years in the cockpit doing pretty awesome things. But I was ready to leave and try something else around year 8. My civilian peers were trying out a whole bunch of cool work with the freedom to move at will.
Now that I'm 35, I don't regret my decision, but I realize how much time 11 years really is. I did something I loved, and reflect fondly upon, but am thrilled to be doing something else.
A lot will change between 25 and 40. You have a very small window to get in earlyish on an emerging tech. If it fails, the government will still be around - and with experience in the Valley, an immense number of opportunities around the country will be at your beck and call.
1. Choosing the first option, you are essentially being paid $225-325K extra during the PhD, in exchange for a 15-year commitment to the DOE. Certainly, you would easily be able to make up this amount doing a regular PhD then going into industry for 15 years (with a higher salary than government can pay).
2. Choosing the second option, you are deciding to give up ~$1M in exchange for a PhD. It is unlikely the PhD (versus 5 years experience) will grant you much higher of a salary as an engineer, unless you are an extraordinary researcher or you hope to become a research director or executive with it.
Keep in mind that a PhD is ultimately training for becoming a researcher. So, I would recommend a PhD only if you really enjoy the field, most importantly enjoy doing research, and are okay with a lower salary for the duration. Also consider what ultimate job you want to have and if a PhD can better help you attain it. After all, it seems you already have a desirable skillset.