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If you are an aspiring actor, you will probably never become a star, but why is that to keep you from trying?

Getting a PhD...you should only do that if you want to try and make that big discovery (even if you'll more than likely fail), or are happy with standard academic work.

That doesn't mean you have to do that "big discovery" IN your PhD. PhD is just a paper so you can start your academic/research career.

Ya, you don't always get discovered in acting school. But you should have the dream while you are there.

I make a point of reading thesis' on topics relevant to me (Masters and Doctoral) and I'm a college drop out.

What are you working on? Pitch me :)

I don't read many theses, but I do occasionally read random academic papers.