I'm having a hard time choosing a school, I have it down to the University of Washington at Seattle and Washington University in St. Louis. Both programs have excellent reputations and have faculty members I'd be willing to work with. Initially I was dead set on UW, as I liked the coursework better and I love Seattle-- I'm close to family, lots of my friends live there, and the social scene is better.
Then, I found out that faculty salaries are frozen for the next year, prohibiting UW from giving raises to retain faculty members. I know some institutions of a similar caliber have instituted faculty salary freezes (Harvard, Yale, JHU, Stanford, etc...), but as far as I'm aware of, none of them have explicitly prohibited salary negotiation. The Institute for Systems Biology and the Fred Hutchinson Cancer Research Center are exempt, but all but one of the people I'm interested in are at UW. I don't want to go, only to have all the faculty I'm interested in working with leave. UW has already lost a chunk of its neuro group over the last couple of years.
So now it looks like WashU is the better program, as they're better funded and have faculty members I want to work with. Essentially, the program at WashU is 'better', but everything else is... ugh.
tl;dr: I like University of Washington a lot. But the state salary freeze and prohibition of salary negotiation has me worried about faculty retention. Internet, are my fears justified?