Word: indexable
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...League has recognized the trials of trying to be a football conference while keeping academic standards high, and as a result, introduced something in 1985 called an academic index (AI) to regulate the scholastic abilities of the incoming football players, of whom an average of 35 are allowed in each year...
Described by Sports Illustrated as "a complex piece of athletic-admissions voodoo," the index is comprised of three categories: high school grades, SAT or ACT scores and SAT II scores. Each recruit receives a score out of 80 in each category, and in order to be eligible for admission in the Ivy League needs a composite score of at least...
...beyond the common minimum standard, the index treats each school differently. It specifies that the schools are held to admissions standard based on the academic level of the rest of the student body. The way the system works is that each school faces three levels of scores, with a maximum of 10 allowed from the lower band and 15 from the middle one (though the specific formulas get more complex). The numbers corresponding to the bands differ with the school, so Penn and Cornell are given more leeway in recruiting than Harvard or Yale...
Hopes of lower interest rates spurred the Dow Jones industrial average to a record high for the second day in a row. The Dow finished the day up 18.31 points, to close at 4,765.52, up from yesterday's close of 4,747.21. The Nasdaq composite index rose 3.10 today, ending the day at 1,068.10. In the broader market, advancers led decliners 1,178 to 1,050 in active trading on the New York Stock Exchange. The New York Stock Exchange composite index rose 1.04 to 310.38. The Standard & Poor's 500 stocks also rose today, ending...
...Jones industrial average jumped 42.27 points, closing at a record high of 4,747.21, on news that wholesale prices fell last month. Technology stocks had a mixed showing today. The Nasdaq composite index fell 1.47 to 1,065.09. In the broader market, advancers led decliners 1,428 to 900 on active trading of 343 million shares on the New York Stock Exchange. The Standard & Poor's 500 stocks was up 2.60 to 576.51. In London, gold closed...