Sisters Ages 19 & 21 Earn PHDs

NEW YORK (AP) -- The two sisters were 13 and 14 when they graduated from college, and got their master's degrees two years later. Now at 19 and 21, sisters Diana and Angela Kniazeva are getting doctoral degrees in economics today from New York University's Stern School of Business.

The sisters were home-schooled in their native Russia, where they graduated from college. Then they came to the U-S, earning master's degrees in international policy studies from Stanford University.

With their new degrees, the sisters will work as assistant professors of finance at the University of Rochester. They will focus on analyzing the implications of such financial decisions as corporate payouts and debt and equity issues.

Angela says they were given valuable opportunities. Younger sister Diana says she doesn't think her youth will be a problem because it's not relevant to her work.

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