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Old 07-19-2008, 01:08 PM   #41 (permalink)
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Originally Posted by econgirl11 View Post
Correct me if I am wrong, but isnt it possible that high attrition rates also signal the rigor of the program?? I have heard from my own professors that MIT's PhD is probably the most rigorous one and that lots of students are unable to cope up with it.
Attrition is basically a measure of imperfect information: the school admitted some students who couldn't cope, and some students enrolled not knowing whether they really wanted an econ PhD. An extremely rigorous program that had perfect information and found students with perfect information would still have very low (or zero) attrition.

Also, I don't have exact numbers, but MIT's program is actually known for it's high completion rates. The program's website says that 65 percent of entering students complete in 5 years or less! That's relatively high, not low.
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Old 07-19-2008, 04:35 PM   #42 (permalink)
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Correct me if I am wrong, but isnt it possible that high attrition rates also signal the rigor of the program?? I have heard from my own professors that MIT's PhD is probably the most rigorous one and that lots of students are unable to cope up with it.
Isn't Minnesota one of the more math-heavy programs ? I am not sure where I read it but I think that their attrition rate is not above average.
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Old 07-19-2008, 06:04 PM   #43 (permalink)
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asquare, you are probably right... i have also heard that MIT takes in certain students that Harvard or even Chicago doesnt.. so, i guess they are a little more liberal? and asianeconomist, it was news to me that minnesota is the most math-intensive program (i will definitely keep that in mind while applying)!
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Old 07-19-2008, 06:28 PM   #44 (permalink)
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Originally Posted by econgirl11 View Post
asquare, you are probably right... i have also heard that MIT takes in certain students that Harvard or even Chicago doesnt.. so, i guess they are a little more liberal? and asianeconomist, it was news to me that minnesota is the most math-intensive program (i will definitely keep that in mind while applying)!
Sorry for confusing you. I just had an inkling that UMN is a, certainly not THE, math-heavy program. Good luck with your apps though.
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