MOVING TO FRONT FROM NOVEMBER 12, 2007: Since decision time is coming for those prospective grad students fortunate to have multiple offers, I thought I'd move this to the front. (Students ought to scroll through the "Philosophy Updates" index as well to see what moves that might be relevant have transpired in the interim.) I would urge students *not* to obsess about small differences in the overall ranking of a department; that one department came out at 6 and another at 10 (or one at 20 and another at 26) is far less important than how well the program meets your needs, as well as all the 'intangible' but important factors, like faculty-student relations, quality of life given the financial aid available, the atmosphere for women in the department, and so on. I'll post more about those issues in the next day or two.
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The summary of faculty changes since the fall 2006 survey has led various students to inquire about how these changes would affect the overall rankings. I'll just comment on the US, since I think I have a better sense of that scene. The first thing to say is that, in almost all cases, far more important than any change in "overall rank" is the way in which senior moves will affect the attractiveness of programs in various specialty areas--so with the senior moves and the tenurings, especially, take note of the areas those faculty work in. (Attend to the junior hirings, too, but as a PhD student, you will want to have a tenured faculty member as a supervisor of your thesis.)
Turning to the overall results, I would expect a new survey, reflecting last year's changes, to have NYU still on top (perhaps by a wider margin), then Rutgers, and then a gap before the Princeton/Pittsburgh/Michigan grouping (with Michigan probably now at the lower end of that cluster). That would be followed by a cluster of Stanford, Harvard, MIT, UCLA, North Carolina, and Columbia. The next cluster (programs ranked 12-15) would be Arizona, Berkeley, Notre Dame, and (a new arrival) Yale--and Yale could well be on the cusp of the next group. The "top 20" would be rounded out (in some order) by Brown, Texas, UC Irvine, UC San Diego, Cornell, Chicago, Southern California, and, maybe, CUNY. Outside the top 20, the biggest upward movement has surely been by Colorado (which ought to be solidly back in the top 30, I should think) and Northwestern (which ought to be solidly back in the top 50, perhaps higher), while UC Davis is at risk of dropping out of the top 40.
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