Word: medians
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...acceptance rate went down from 14.6 percent to 12.8 percent. The median starting salary rose...
According to the Law School study, the median rent for studio and one-bedroom apartments increased by $375, or 79 percent, after rent control was eliminated...
...percentage tuition increase has dropped each of the past five years, but still exceeds the growth rate of median family income...
...well, that's because they are. While Wall Street is flush with 50%-plus pay hikes, pay raises for the Main Street crowd--the rest of us--have been on a six-year decline. In 1990, raises averaged 5.5%; next year they will hit only about 4.3%. The U.S. median income of $34,076 wouldn't cover the tax bill of this year's investment banker. "Wall Street is totally out of context with general industry," says Johnson. "The average person is worried about the increase in the cost of living, and Wall Street is taking a quantum leap...
...million workers have union contracts linking future wage increases partly to the index. Taxpayers' personal exemptions, standard deductions and tax-rate brackets are adjusted each year in tandem with the CPI, and the cumulative effect of changing those adjustments could be huge. The extra $37 paid by a median family the first year would grow to $1,755 over 10 years...