As one reader wrote in response to that Economist article: "The PhD student is someone who forgoes current income in order to forgo future income".
It's time the academic world rethought the sustainability of the PhD system and reformed it in the best interest of both the gowns and the towns.Daan Pan Chino Hills, CaliforniaSIR – I am reminded of my very wise professor's words of wisdom: the PhD student is someone who forgoes current income in order to forgo future income.
When people forgo current pleasures and invest instead, hoping to gain by providing goods and services people might want in future, we call it capitalism.
The task force could prepare for demolition without forgoing the current efforts to drill relief wells.
In that case grabbing the deduction now, when your combined federal-state tax rate is higher, probably makes more sense than forgoing a current deduction to open a Roth.
Amit Ranjan, co-founder of SlideShare that was sold to LinkedIn for around $119 million in 2012, said while evaluating exits both investors and founders are looking at the opportunity cost of forgoing the current acquisition.
The largest cost of acquiring a degree, said Edward Snyder, the dean of the business school at the University of Chicago, was to forgo your current earnings, and weak economies lower that cost.
True, when you open a Roth you forgo the current tax deduction you could get by opening a deductible IRA (if you're eligible) or funneling more pretax dollars into your 401(k).
This is particularly fortuitous since we don't know today how soon an inflation spiral is likely to begin, and thereby we are reticent to forgo too much current yield.
Meanwhile, the city would be forgoing $12 to 15 million per year in current transit occupancy tax revenue and Airbnb would continue to be the unregulated, unenforced and untracked black hole that it is today.
