Can some current pharmacy students tell me this: Is there much real difference between the practicallity of doing a PharmD + 2 years of residency (for a specialty) and doing a PharmD + PhD? The joint PhD program has some pros and some cons...1 pro is that you get a tuition waver and a stipend, one con is that it will take 1 or 2 years more than just doing residency. I suppose what I'm asking is what are the differences in the types of jobs you can get with a PhD vs 2 years of residency... I know that in a lot of schools it's no longer a requirement to have a PhD for teaching now... So that option is no longer for PhD's only... If after all this you decide to go work in retail for a couple of years anyways, will you be looked over or not hired because you have a PhD? or 2 years residency?(overqualified?) I'm surely not going to do either as prep for retail, but I just wanted to make sure that doing it wouldn't shut off any of my options. I'd like to have the security of being able to work retail if I want to.