I am a Nuclear Engineering grad student who just started working toward my PhD. I was totally convinced with my decision to pursue a PhD until I recently was told that you can become overqualified by getting such an advanced degree (vs an MS). Overqualification never crossed my mind until I had been told this; and it makes so much sense that there is a point where someone can become overqualified, i.e. they are too expensive for the company. According to you, what is the better route to go: PhD or Master's? I would like if you could reply to this question, adding supporting views pertaining to things such as salary, over/underqualification, job satisfaction, career outlook, time vs. benefit, etc. Some people say that the few extra years for a PhD never pay off, while other say that when you integrate over time, it does. Also, the reason I came back to grad school was because of the extreme boredom that I encountered when I worked in the industry with my BSNE. All opinions and comments are welcome, Thanks.