I am about to receive my BS in Biomedical Engineering and I have applied to both PhD and MS programs. I have now been awarded fellowships (full tuition plus stipend) at two different schools - one for a PhD and one for MS. I am now torn and unsure of what to choose! I have held two internships for medical device companies so I have some experience in this realm, my ultimate goal following graduate school is to work in industry R&D (orthopedics is my current interest!). I have heard such mixed decisions about PhD or MS, can anyone shed some light for me?