Value of graduate training for EA researchers

	A	B	C	D	E	F	G	H	I	J	K	L	M	N	O	P	Q	R
1						Multiplier on value of work in first 10 years		Multiplier on value of work in Remainder		Estimated value of work first 10 years			Estimated value of work remainder			Estimated value of work totals
2	Situation and source for the multiplier values in columns F and G	Years of work if no grad	Years of work if masters	Years of work if PhD	Value of each year of productive worth	Master's	PhD	Master's	PhD	No grad	Master's	PhD	No grad	Master's	PhD	No grad	Master's	PhD

3	My situation, my guess before creating the form	37	36	32	1.0	1.08	1.12	1.01	1.02	10.0	10.8	11.2	27.0	26.3	22.4	37.0	37.1	33.6
4	My situation, average from form	37	36	32	1.0	1.7	3.9	1.5	3	10.0	17.0	39.0	27.0	39.0	66.0	37.0	56.0	105.0
5	My situation, estimates from EA nonprofit researchers/no graduate education respondents on form	37	36	32	1.0	1.2	1.7	1.1	1.3	10.0	12.0	17.0	27.0	28.6	28.6	37.0	40.6	45.6
6	Someone straight out of their undergrad, average from form	44	43	39	1.0	1.7	3.9	1.5	3	10.0	17.0	39.0	34.0	49.5	87.0	44.0	66.5	126.0
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8	Above are using "years of work with no graduate education" as the unit. Below substitutes this with an approximate salary for an EA researcher in USD (ignoring inflation, return on investment if you invested etc).
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10	My situation, my guess before creating the form	37	36	32	$50,000	1.08	1.12	1.01	1.02	500000	540000	560000	1350000	1313000	1122000	1850000	1853000	1682000
11	My situation, average from form	37	36	32	$50,000	1.7	3.9	1.5	3	500000	850000	1950000	1350000	1950000	3300000	1850000	2800000	5250000
12	My situation, estimates from EA nonprofit researchers/no graduate education respondents on form	37	36	32	$50,000	1.2	1.7	1.1	1.3	500000	600000	850000	1350000	1430000	1430000	1850000	2030000	2280000
13	Someone straight out of their undergrad, average from form	44	43	39	$50,000	1.7	3.9	1.5	3	500000	850000	1950000	1700000	2475000	4350000	2200000	3325000	6300000
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15	Notes regarding costs:
16	The cost of master's education seems to vary a lot. At the courses I've been looking at in the UK, it seems to vary from about £8000 ($10600) up to around double this. My guess is that courses are more expensive in the US.
17	In the UK, PhDs seem to cost less than this per year, and I'd also guess that you're more likely to secure bursaries or other funding. The PhDs I've looked at in the US have tended to include full funding from the US. So you could think of PhDs as roughly "free".
18	In my case, lost earnings from alternative possible work doesn't seem that relevant as 1) I have enough money to survive/live comfortably so I'm not concerned about that, 2) I would be taking a salary from nonprofits but the main value of money earned that I'm interested in (other than to survive/live comfortably)
19	So, for me, a simple way to look at this is just to subtract 10600 from column Q and leave columns P and R unchanged. The only effect of this would be to make the master's option narrowly lose out to the "no grad" option in my original guess.
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