Word: medians
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...days before she began work at the Justice Department, Gorelick says she read a piece in The Washington Post which listed the median tenure for the average high-ranking Justice appointee at 22 months...
...deal with perceived grade inflation, Paul suggested that the median grade for each class be included in parentheses next to the grade for that class on a student's transcript...
Despite such pressures, Meyerson managed to restrain Penn's tuition increases. By 1980 Penn's base tuition was $5,270, more than double the cost a decade earlier, but inflation had risen at roughly the same rate. So had median family income. If tuition was higher, so was America's ability...
...next, Penn's base tuition increased 15%, to $6,900, far more than the 10.3% boost in the cost of living. The following year the disparity became starker. Penn's tuition rose 16%, 2 1/2 times the slowing rate of inflation and more than three times the growth in median family income...
...combination of forces--inflation, hubris, competition, the Chivas Regal effect, perhaps even conspiracy--drove up Penn's tuition. In comparable dollars, says former president Meyerson, a year at Penn today costs about twice what it did in 1970. Yet from 1970 through 1994, government figures show, median family income in constant dollars increased only 10%. In more recent years it has actually fallen below the 1986 figure. Taken together, these trends make tuition a very painful prospect for any parent whose kid has just been accepted by Penn or, for that matter, Harvard, Yale or Princeton...