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JCVD
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With the economy in the dumps, a lot of grad schools this year seemed to be taking significantly smaller than normal incoming class sizes (at least in math, where I was applying; for instance, I was told the University of Minnesota was taking on only 30% of their normal amount of incoming math PhD students). Do you think there will be any payoff for those members of this smaller class of grad students in having less competition for jobs/postdocs when we leave with our PhDs (assuming, of course, that the economy recovers at least somewhat in the next few years, so that there could in theory be a disproportionately high ratio of openings to job seekers)? Or is there really no such thing as an "entry-level" postdoc, so any benefit from a decrease in competition would be shared equally by those receiving their PhDs in the years before we do? Of course, I am probably just trying to read too far into the whole situation, but if this really was an abnormally difficult year to get into grad school, it seems those of us who got in had to leap an extra hurdle, and it would be sweet if somehow somehow we got rewarded sometime in the future.