Word: premiums
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...such an exaggerated emphasis on our getting to school exactly on time? Why was cheating on exams so fanatically discouraged even though a student writing an examination is no longer in a position to increase his store of knowledge on the subject at hand? Why was such a premium placed on competitiveness, and why were the most creative, most imaginative children always the most heavily penalized? As for the assertion that most of what is learned in school is necessary for later life, how then are we to explain the obvious fact that people generally forget most of what they...
...contrived to work within the existing private carriers. But some critics have charged that this plan really doesn't solve the distribution dilemma: it offers better service to America's insurance-buying suburbanites, but it seems to turn down the urban an rural who can never scrape together insurance premium payments...
...Premium Fares. When the Concorde goes into service in 1973 or earlier, its expected top cruising speed will be 1,450 m.p.h., and the plane will leap the Atlantic in three and a half hours, about twice as fast as a 707 or DC-8. Many passengers will probably be eager to hop aboard just to get there faster. But lines flying Concordes will have to charge a premium, perhaps 20% above regular jet fares, or make sure that each plane is more than 60% full. By contrast, existing jets can break even at 50% of capacity...
...only criterion now used, nor are they a foolproof means for stopping those determined to discriminate. And the current use of grades with respect to employment carries three problems. First, the heavy reliance on first-year grades constitutes a premature judgment of abilities. Second, and consequently, there is little premium on development over the three years of law school. This is especially true when much hiring for second-year summer jobs is done before Christmas and those jobs often lead to permanent employment after graduation. Third, examinations simply do not provide the full picture of a student's talents...
...part. Regional pay differences exist, but are narrowing as executive mobility increases. The Fantus Co., a site-seeking firm for industry, reckons that for young executives living costs in New York run 12% higher than in Chicago and 40% higher than in Dallas. Although some companies give Manhattan executives premium pay, it does not always make up for the cost-of-living differential...