PhD in math here. When I was applying for grad school I got a letter offering admission from some school that basically said: "we'll pay you $20k in stipend, p

PhD in math here. When I was applying for grad school I got a letter offering admission from some school that basically said: "we'll pay you $20k in stipend, plus tuition is $40k, so really this offer is worth $60k". I think they may have added another couple thousand for health insurance as well.