The BEST thing you can do for your finances in #gradschool is:

Pick a #PhD program that pays a decent #stipend!

#AcademicTwitter #AcademicChatter #PhDAdvice

1/4
The MINIMUM #stipend in my book should be the local living wage ( http://livingwage.mit.edu/ ).

2/4
The effects actually last FAR beyond your #gradstudent and #postdoc years.

Even if you think you can survive #gradschool on a low #stipend, consider the opportunity cost of not contributing to a retirement account and not paying down your #studentloans.

3/4
If you’re thinking, “Where was this message before I entered #gradschool??”

RT the first in the thread to warn a prospective #gradstudent! They’re finalizing where to apply right now.

4/4
You can follow @PFforPhDs.
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