Word: premiums
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...difference in cost between the tuition at their first-rank private institution and a third-rank public institution more than 30 times over the course of their careers. Ronald Ehrenberg, a Cornell University economist, also found compelling evidence of a significant economic return to attending a private university: a premium that the data suggests has increased over time...
...front-row ticket at Yankee Stadium for $2,500? Fuhgeddaboutit. With fewer fans packing the new $1.5 billion ballpark (and rows of empty seats creating an embarrassing eyesore on TV), the franchise announced it would slash prices for premium seats by as much as 50% and give extra seats to season-ticket holders. Still, with average tickets costing 75% more than those at the old stadium, it may not be enough to get New Yorkers to play ball...
...ways to see the "credit crunch" that helped kick off our broader economic trouble is by looking at how much companies have to pay to borrow money. For the better part of a year, the premium that firms have had to shell out above what investors could alternatively earn on government bonds has been fantastically high...
Interbank lending - another gauge of credit conditions - is often captured by the TED spread, which measures the premium banks pay over government bonds when they borrow money from one another. The difference is now just about 1 percentage point - what it was before Lehman Brothers filed for bankruptcy protection last September...
That's nothing like the quarter-to-half-point premium banks had gotten used to in the early 2000s, but it's still well down from 1.4 percentage points at the beginning of the year. Not to mention the 4.6-point gap it hit in the worst of the market freakout last fall...