Change is coming, at least to Johns Hopkins University, who is proposing sweeping cuts across its Ph.D. programs in order to raise grad student stipends. Those cuts include reducing graduate student enrollment by 25%. Under the new proposal, graduate students would see their stipends rise to $30,000 a year.
There are a lot of arguments as to whether or not this is a good idea, as it could be emulated at other universities. The bottom line, as the article states, is that JH is taking drastic but needed measures. Given the grim statistics of prospective future jobs for PhDs, maybe it wouldn’t be a bad thing if it was emulated at other universities.
What do you think? Do you think this is a good idea? Do you think it will stifle research institutions?
-Mandy & M.C.