At this point, I understand I have posted on this website a fair amount. This time, my post will take a step back from discussing my other difficulties to something that will be sadly relevant in the near future. Long story short, I am a fourth year Ph.D student in Experimental Psychology who was admitted back in Fall 2020 with a Master's (also Experimental Psychology). The university specifically wanted more students in each of its Psychology Ph.D programs (clinical, experimental, I/O, and school) pre COVID. 9 months ago, there were rumors that funding cuts for graduate students would eventually hit 0. Recently, after I overheard a meeting where faculty thought me and the other students were out of earshot (and no, I did not go out of my way to eavesdrop), its finally here.
It turns out that the reason this happened as fast as it did was twofold. The first reason was that the clinical program did not take any students in the recent two years. This year it was a faculty made decision due to uncertainty regarding funding in the coming years. Two years ago, students who were accepted also did not enroll on purpose because there was no first year funding.
The second was that my university was awarded $60k in grant money that was meant to go towards the graduate students. However, that money was somehow lost entirely by the university (not my department).
Here is why I am making this post now. I am slated to graduate this academic year and this news will become public come November 30th. However, what are the possible consequences of this action before I defend sometime in early 2024 (expected since I am 1/4 through my data collection at the moment and have 20 research assistants I am about to train and recruit)? One of my external committee members is a clinical faculty and is a full professor (all of my other ones are full professors too). Some in my department (Experimental) already left due to the first year funding cuts. What else could happen that may affect my progress in a capricious manner?
In case anyone is wondering where, all I will say is that it is a university in the mid Michigan area that had a lot of great faculty. All four of the Ph.D programs were the reason it went from an R3 to an R2 in the first place.