In February 2007, the University of Chicago announced a new program that promised to transform the lives of its graduate students. Beginning the following fall, almost every entering grad in the humanities and social sciences divisions would receive an annual stipend of $19,000 for five years, along with free tuition, guaranteed teaching opportunities, and other benefits. The $50 million program looked downright princely, until it became evident that none of the university’s 800 or so current grad students in those disciplines would be included.
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