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Wow: CMU SCS stipend is at $35k, and tuition is $45,700. That's $80,700 per year to support a PhD student before the markup.
by ModernMech 5y ago
Wow: CMU SCS stipend is at $35k, and tuition is $45,700. That's $80,700 per year to support a PhD student before the markup.
- tsumnia 5y agoI would say the article's $300,000 model is realistic though. This has been a conversation I've had with my advisor a few times over the years. PhD students get paid a small amount but then there's all the Hollywood accounting that goes on in the back about where funds for their healthcare, taxes, tuition, etc come from.
- patrick451 5y agoCharging PhD students tuition after they are finished taking classes (which typically accounts for the majority of their years) is racket that allows the university to double dip into research grants. The first dip comes from 50% "overhead" they skim off every grant. Further, in my experience, few professors actually do any research nor write papers. The vast majority of this work is done by PhD students and to a lesser extent post docs. Thus, PhD students are the linchpin that holds the entire "do research to publish papers to write grants to do more research" cycle together. If all PhD went on strike, the research output of a university would dry to a trickle, which would make obtaining further grants difficult to impossible, thereby depriving the university of that luscious 50% overhead. Said another way, PhD student are net value producers for the university. Forcing PhD students to enroll in "thesis hours" that cost 45k per year is simply a cleverly worded scam to pilfer even more off the grants.
- ModernMech 5y ago45k per year includes 6 classes or 18 credits per year. Candidacy maintenance would be 2 credits per year. It maintains your full time student status in the eyes of tax authorities and student loan servicers. I’d agree with everything else you said.