How much are you worth? from chemistry notes

Some recent information to absorb (all rounded to the nearest thousand):

An average graduate student in the chemical sciences earns per year before taxes: $22,000 (wow, do i really get paid that much? it doesn't feel like it.)

Tuition paid per year on behalf of the graduate student: $12,000

Facilities and overhead paid per year on behalf of the graduate student: $13,000

Misc. expenses paid on behalf of the graduate student ("fringe"): $1,000

Being told that an average Ph.D. (assuming a full five year service) costs more than a quarter of a million dollars: PRICELESS