Word: medians
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HALF of the 54 million families in the U.S. have assets of $500 or more-enough to pay all their debts-and one in ten is worth $25,000 or more. Net worth of the median U.S. family, according to a Federal Reserve Board survey, has climbed $500-$1,000 since 1950, now stands...
...billion a year. Evidence that they would continue to spend was provided by a Federal Reserve Board survey. The FRB reported that consumers are not only saving more money but "are in more of a buying mood than at [any] time . . . in recent years," partly because the median income has risen from $3,200 to $3,420 in a year...
...have set their own pace through a Hutchins-type education, said Dean Ward, excel in almost every field. In nationwide graduate-record exams, 99% of the Chicago scholars placed in the upper third of the group. In the biological sciences, arts, vocabulary and social studies, 98% got better-than-median grades. Some 86% were above the median in physical sciences, literature, general mathematics and effective expression...
Some other data on Atlantic Edition TIME-readers: their median age is 38 years.* Almost three out of four attended colleges or universities. Most are citizens of the countries in which they live; only one out of six is a U.S. citizen living abroad...
Though three out of four of the group questioned went to college, scarcely one of them now has the time to display her learning. Today, at 35, Mrs. Median Yale has 2.3 children, puts in a good ten hours a day at her housework. She is apparently allowed only one part-time maid one day a week, spends a modest $325 a year for her clothes and $40 more for "personal beautification." Politically, she is apt to be Republican, usually voting just the way her husband does. In whatever spare time she has, she gets through about twelve books...