Word: medians
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Dates: during 2000-2009
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...childhood spent at school and play, while a modern idea, used to end more abruptly than it does now. The biggest year for teenage births in U.S. history was 1957--not because of some epidemic of premarital sex but because the median age for marriage was 20, and many brides were teenagers. A 13-year-old leafing through the pages of Seventeen magazine in the mid-1950s would have been paging through ads for furniture because she reasonably expected to be married and starting a family within a few years. So while today's 13-year-olds are exposed...
Each generation writes its own story. Considering the average age at which people have kids, the parents of today's 13-year-olds were typically 13 around 1978, their grandparents that age around 1953. That year the median household income was $3,733 (about $27,000 in today's dollars), the average family home was a modest 1,100 sq. ft., and just 22% of married women worked outside the home. The new toys of choice were Slinkys and Silly Putty. By 1978, average income was $15,064 (about $45,000 today), the average family home...
...compared with, say, 40 million Hispanics, but consider how premium a customer a South Asian is: Indians alone commanded $76 billion worth of disposable personal income last year, according to market-research firm Cultural Access Group, using figures from the University of Georgia's Selig Center for Economic Growth; median household income is nearly $64,000--50% higher than the national average. The U.S. has always welcomed the world's poor and working classes. India has sent its professionals...
...median educational debt for the graduates of the Class of 2004 who took out loans was approximately $8,000. According to Donahue, about 1,500 Harvard undergraduates use federal loans to help finance their education...
...social legacy of two decades of change will continue to show its effects, demographers say. The older median marriage age translates into fewer children and a diminished demand for schools. The decrease in household size--from an average 3.14 people in 1970 to 2.69 this year--has fueled a prolonged boom in apartment rentals, health clubs and upscale restaurants, and a corresponding, disturbing decline in the national savings rate. The single life is more expensive, notes Economist George Sternlieb of Rutgers University: "There's nobody to share the telephone bill with. With no one to cook at home, singles...