How much will I spend every year if I get into a good university like Princeton for PhD in Economics?

Question

I'm going to apply for the PhD program in a good university, my major is International Economics, I'd like to know how much will I spend if I pay for all things.

Answer 1

The top economics programs will all give some sort of support to their PhD students. For me, it was a fellowship during my first year and positions as a Research Assistant or Teaching Assistant after that.

These programs paid for my tuition and fees, and gave me a monthly stipend that was large enough to pay for my apartment and food.

There may be some students who are accepted without aid for their first year. However, if they do well, they will get aid during their second year. So, at worst, you would only pay for one year.

Each university has information on their web sites about tuition costs and estimated costs of living. I've provided a link for Princeton. It says that tuition for graduate students was $26,530 in 2002. I am sure that it has gone up. The same web page indicates that most first year PhD students get a fellowship during their first year.

For the most part, I agree with Rock's rankings (though I would put Chicago and MIT above Harvard for Economics). He is certainly right about the mathematics needed for a PhD in Economics.

Answer 2

Slow down for a sec man. First you have to find out if the name really represents the quality of education IN THAT DEGREE PATH. I happen to know that Princeton does have a good program but some schools have awesome records in many fields and are worse than less expensive colleges in other fields.

PhDs.org is a free site to do this for you. It also depends on what you find important. This link will help you start your search.

http://www.phds.org/rankings/economics/

in direct answer of your question http://gradschool.princeton.edu/admission/applicants/guide/tuition/

"The cost of tuition and the required health plan fee for 2006–07 was $34,000. The tuition charge covers all instructional services, 12-month use of the libraries, laboratory facilities, the gymnasiums, and University Health Services. The required student health plan fee covers the student for 12 months.

The full tuition and required health plan fee is charged for all years of study at Princeton and is not reduced after two years of study as at many other institutions. "

This is a really similar tuition as I've seen in all the grad schools I'm researching for myself for econ as well.

Another thing to consider is if the grad school will have you even if you have the money. How were your grades in College? Did you take any college level competency exams like the GMAT and whatnot?

If your planning on getting a Ph.D. in Economics you will need to have a STRONG background in math. What is the highest math you took? Most respectable Ph.D. programs in econ will require you to have at least advanced calc, linear algebra, and some math structures (proofs or whatnot). Some programs also like courses in stats. If you don't have these math classes I doubt you will be able to get into any program without deficiencies, if your accepted at all.

Have you done any research, thesis for honors, apprenticeships, or internships? That will also have an impact on your admittance.

Best bet is to start calling the Universities you are interested in and see if your qualified. Or a shot in the dark apply but that usually costs money. Most Universities have Websites that contain admittance requirements.

Here is a gimped list of good colleges plz use the phds.org link above to find out what is more important to you. This search was done on scholarly quality.

1. Harvard University 11.06 4.95
1. University of Chicago 11.06 4.95
3. Massachusetts Institute of Technology 10.98 4.93
4. Stanford University 10.94 4.92
5. Princeton University 10.59 4.84
6. Yale University 9.99 4.70
7. University of California - Berkeley 9.35 4.55
8. University of Pennsylvania 8.83 4.43
9. Northwestern University 8.66 4.39
10. University of Minnesota 7.93 4.22
11. University of California - Los Angeles 7.50 4.12
12. Columbia University 7.28 4.07
13. University of Michigan 7.11 4.03
14. University of Rochester 7.02 4.01
15. University of Wisconsin - Madison 6.68 3.93
16. University of California - San Diego 6.12 3.80
17. New York University 5.35 3.62
18. Cornell University 5.09 3.56
19. California Institute Technology 5.00 3.54
20. University of Maryland College Park
21. Boston University 4.36 3.39
22. Duke University 4.23 3.36
23. Brown University 4.15 3.34
24. University of Virginia 3.54 3.20
25. University of North Carolina - Chapel Hill 3.37 3.16
26. University of Washington 3.33 3.15
27. Michigan State University 3.07 3.09
28. University of Illinois at Urbana - Champaign 2.99 3.07
29. Washington University 2.68 3.00
30. University of Iowa 2.56 2.97
31. University of Texas at Austin 2.30 2.91
32. Johns Hopkins University 2.13 2.87
33. Ohio State University 1.95 2.83
33. Texas A&M University 1.95 2.83
33. University of Pittsburgh 1.95 2.83
36. Iowa State University 1.74 2.78
36. University of Arizona 1.74 2.78
38. University of California - Davis 1.61 2.75
39. State University of New York - Stony Brook 1.52 2.73
40. University of Southern California

PS wow that was a really good point about becomming a RA (research assistant) or TA (Teachers assistant) When choosing a University you should look at the availability of tuition assistance.

Answer 3

it really is authentic. i imagine that is referred to as 0 budgeting or something like that. undesirable prepare. I keep in mind seeing a video of sailors rolling wide toolboxes off the strict of an plane provider at sea so as that they could order more effective to save their spending up. There are classes to strive against that type of waste.