I am an Undergraduate in Electrical Engineering. I have been in an internal struggle about a PhD; I am particularly interested in Applied physics programs since traditional physics programs bore me, and my interests include medicine. I have taken upperlevel physics in mechanics, E&M 1,intro Quantum, Optics, and photonics, so I am no stranger to the basics. The root of my dilemma comes from a biosensor which I designed. The university gave me a hard time with this intellectual property; however, I had proof of it being designed solely by me outside of university resources, so I am no longer being harassed by the patent lawyers. I originally wanted to attend a graduate program where I can perfect the software modeling for the device; however, my experience has me concerned about a graduate program if a university can just claim it; I have a vision for this device that I want to protect. Does anyone have experience with universities and their inventions? I want to hone my skills, but what does grad programs do for people? Does a PhD program hold any value for me?