I'm currently in a Math PhD program (in the US), and I have the option of mastering out soon. I initially thought I might do pure math and go into academia, but have since changed my mind. So now I'm trying to figure out whether I should get the MS or continue on for the PhD. My intentions are to get a job in the private sector, to be competitive in the job market, and to have a well-paying job (is 6 figures feasible?). I am quite comfortable writing code, so a job involving programming would be ideal. My school has a lot of people studying applied maths, particularly mathematical biology, physics, and imaging, and I'm pretty sure I could find an adviser in any of those fields. So my question is this: Would it behoove me to stop at the Masters, or should I continue to the PhD, if job market competitiveness and paygrade are my primary concerns? If there is other information I should be providing when asking this question, do please ask. Thank you!