UK PhDs are shorter - 3 years minimum, 4 years average. I took a bit longer, but I was teaching basically full-time (not for full-time pay, I should point out) and I'm extremely lazy it took deep thought.
I'm almost 35 (I was studying for something from the age of 5 to 32), broke, I don't have a permanent job - and yet I'm having a great time and I know things about stuff you didn't care existed.
So ignore the Jeremiahs: postgraduate life is wonderful. Most of the time. And you may even get a job later. Perhaps even one related to your knowledge.
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