Yale University has become the latest research institution to announce that it is shrinking graduate admissions. A memo sent to students and faculty members Wednesday -- outlining a series of cuts and the need for more cuts across the university -- said that graduate admissions would be cut by 10-15 percent. However, stipend support will go up by 2 percent. Many universities that rely on endowment earnings to support graduate education have sharply cut graduate admissions since most doctoral students receive large packages of financial support at these institutions, and the universities have not wanted to cut commitments made to continuing graduate students.
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