(15 Jul 2014, 8:51 pm)Andreos Constantopolous wrote Dr Y I presume?
If it was me, I would ask the following questions:
Will it help me find employment?
Will I get my money back? i.e the PhD will enhance my salary by £15k over a period of time?
If you enjoy the subject and aren't bothered about the money,go for it.
Answering those questions is easy.
1) I study Transport History so probably not!
2) I'm in my mid-30s so finding a job in 3-5 years time where I'll be able to enhance my salary by 15k looks unlikely.
However, I would love for everybody at work to call me Dr Young. In fact, I'll have to insist upon it - customers too!