Appalling? Now who is being sensationalist? What you are saying is that the school is going to bear the cost rather than the student. Probably. But then, the

Appalling? Now who is being sensationalist? What you are saying is that the school is going to bear the cost rather than the student. Probably. But then, the Ph.D. program just becomes much more expensive for the school to administer. As such, all but the most well-endowed are going to simply stop admitting Ph.D. students. Your simplified, and actually unworkable, accounting trick achieves the same effect of destroying our world-class and unparalleled STEM graduate system.