Have you ever considered a PhD? Find out more!

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If you study a niche field, finding jobs in that area becomes difficult or near impossible. What may be a "hot topic" right now may not be so in 3-5 years time.

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There may be a lot of politics at play within academia.

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You will be paid absolute peanuts for working your ass off.

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If you do a PhD right after say doing your undergraduate degrees and masters, and did those right after going to school, then you may end up being at minimum 25 years old (and even closer to 30) and having little or no relevant work experience.

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You may forget many things you did during your undergraduate degree and therefore any experience from that becomes less useful when writing CV's because you simply cannot remember in detail anymore!

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Many employers still do not really understand what a PhD is about.

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If you learn a topic you have a genuine interest for it is ultimately a lot of fun.

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You may meet a lot of wonderful people and have meaningful stimulating conversation.

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You contribute to your field in a small way, which means you may consider that as doing something meaningful with your life.

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You have flexible hours so you can genuinely work whatever and however you want, with the exception of safety rules and certain working hours if you work in a lab/supercomputer.

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You may learn a lot about yourself as well as many transferrable skills aside from how to carry out genuine research, including "how to learn", determination, organisation etc.

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You obtain student discounts and therefore can use many student deals.

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You may be able to attend international conferences and therefore use those trips to travel at a reduced cost.

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If you study a "hot topic" e.g. machine learning, cancer research etc then it may be easier to secure a job and avoid going down the graduate route.

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It is easier to become an academic professor having had a PhD rather than doing research in industry and trying to get "honorary degrees".