What Percentage of Americans Have a PhD?

According to the 2013 U.S. Census, 1.68 percent of people over the age of 25 in the United States have a PhD. This is the same as about 2.5 million people. 1.48 percent of the U.S. population has a professional degree like an MD or DDS. This means that 3.16 percent of all Americans are called doctors.

Over 88 percent of adults in the U.S. have a high school diploma or more education than that. About 31% of the people have at least a bachelor’s degree, and almost 11% have a master’s degree or higher.

A PhD takes about 8.2 years to earn, which is twice as long as a bachelor’s degree. On average, a person who gets a PhD is 33 years old. Most PhD students have to help teach classes for undergrads and grade papers for undergrads. The number of PhD students who quit is 43%. The number of men with a PhD is about 1,678,000, while the number of women with a PhD is about 817,000.

Even though many PhD programmes offer scholarships and stipends to help pay for tuition and living costs, 40% of PhD students graduate with an average of $37,000 in debt. The Bureau of Labor Statistics says that people with PhDs and professional degrees make the most money and have the lowest unemployment rates.

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