Originally posted by: minendo
Originally posted by: richardycc
You won't go far in the science field without a Ph. D nowaday.
I call BS on that comment.
I call supplemental BS on that as well. You can go quite far in science with only a Bachelor's degree, it all just hinges on what you skillset is. If you're good with molecular bio techniques and such, you shouldn't have any trouble finding interesting work that pays well. It won't pay like a BS in Engineering will right out of school, but it's generally nothing to sneeze at either. If you get a position with a biotech or pharm firm, you can expect upwards of $40k per year or so and likely 30-40 if you go for a government position or stay in academia. Once you've got experience under your belt, you can start looking at higher-level stuff....typically a job posting will say something like "Master's degree or BS degree with X number years experience required". These kind of positions can run into the $60-70k range if you've got several (like 4-8 years) of solid research experience behind you if you're talking about biotech.
The one catch with not having a PhD is that you'll never have much autonomy to do pursue your own research or head up a lab/division. The other caveat is that there's always a tradeoff with each kind of research. In biotech, you get paid well, but have lousy job security (usually) since their big drug or other product may turn out to have no clinical efficacy or get shot down by the FDA. In academia, you have good job security, but the pay kinda sucks and you're constantly under the gun to publish papers in order to grub grant money (a huge PITA). In federal work, you have good job security and decent pay, but the bullsh*t factor is extremely high and money is generally pretty tight so it's hard to get state of the art equipment or lab space.
For the record, I have a BS in Chemistry and Biology and have worked in the biotech industry, academia (research at Emory U) and have been working for the CDC for the past 4 years, so the above info is from personal experience.