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Is it wise to pursue a doctorate in linguistics with student debt?

I have just completed my BA in Romance Languages and currently have about $35,000 of debt to pay off. I am proficient in Spanish and working towards proficiency in French, and have a passion for all language structures. There is no doubt in my mind that I wish to pursue a doctorate and eventually a career in academia, and I would prefer a stronger focus on research than teaching. Specifically, I would like to study sociolinguistics with a concentration either in Romance linguistics or gender studies. I am aware that it takes time and a lot of hard work to establish a stable career in academia, and I look forward to the lifelong challenge. I understand that even after obtaining a doctorate, it often takes many more years to find job stability, especially if you have a specific goal in mind and do not wish to settle. I worry about being able to support myself and pay back my debt as I work towards that end goal.

  • What entry-level jobs are available for linguistics doctorates, and how much do they usually pay?
  • Will I be qualified to translate/interpret as well with a doctorate in linguistics?
  • What kind of graduate program do you recommend that I look for? A program in Romance languages with an emphasis on sociolinguistics or the other way around? Are there specific programs that you can recommend?

Thank you!