MS statisticians here, do you guys have good careers? Do you feel not having a PhD has held you back?

Had a long chat with a relative who was trying to sell me on why taking a data scientist job after my MS is a waste of time and instead I need to delay gratification for a better career by doing a PhD in statistics. I was told I’d regret not doing one and that with an MS I will stagnate in pay and in my career mobility with an MS in Stats and not a PhD. So I wanna …

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