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I was thinking the same regarding applying to both a PhD and MA program at the same school, it wouldn't look good at all, nor would I think they would process two applications for the same department...
Regarding your second response, I am looking at schools ranging up until about 75 on most rankings. I was told, and believe, that it would be very hard to get a job after the completion of a PhD from a not so well known school.
What are some schools that you would consider "lower"?
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