Projections of forthcoming shortages of Ph.D.s abound. Part of the reason is that American college graduates are much less likely to receive doctorates today than thcy were 20 years ago. Two important factors in this decline may be the increase in the length of time necessary for doctorate...

Our paper uses data on all graduate students who entered PhD programs in four fields during a 25-year period at a single major doctorate producing university to estimate how graduate student financial support patterns influence their completion rates and times-to-degree. Competing risk...