Word: priced
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Dates: during 2000-2009
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...unique dilemmas that face smallish private colleges. Schools with deep pockets are coping: seven of the eight Ivy League universities, for instance, notched application increases this spring, three of them in double-digit percentages. The same goes for state schools and community colleges, where the comparatively small sticker price is a big draw...
...contrast, Skidmore's applications tumbled almost 14% this spring, in line with plunges at seven of the country's top eight liberal-arts colleges and many others down the food chain. Skidmore's projected $51,196-a-year price tag makes it one of the nation's 10 most expensive schools, but its $223 million endowment--down 23% from its high about a year ago--is too small to bankroll financial aid for all who need it. Founded in 1903 as a women's college, Skidmore was long known for teaching art to well-heeled young ladies...
...college--get a nice surprise in their aid awards: fewer loans, more grants. "Just like an airplane," explains Barmak Nassirian, associate executive director of the American Association of Collegiate Registrars and Admissions Officers (AACRAO). "No two people going from point A to point B paid the same price for the ticket...
Three years ago, a trip north in a rickety boat ran about $900 a head, says Juan Munoz-Torres, spokesman for the CBP agency. Now the spike in demand has jacked up the price to $4,000 or $5,000. For smugglers, the economic incentive is obvious. "[They] can make in a night what they can't make honestly in a year," says Myron Ackerman, a fisherman with a quarter-century on San Diego waters. (See pictures of the border fence between the U.S. and Mexico...
...early 1980s, around the time Ronald Reagan became President and Wall Street's great modern bull market began, we started gambling (and winning!) and thinking magically. From 1980 to 2007, the median price of a new American home quadrupled. The Dow Jones industrial average climbed from 803 in the summer of 1982 to 14,165 in the fall of 2007. From the beginning of the '80s through 2007, the share of disposable income that each household spent servicing its mortgage and consumer debt increased 35%. Back in 1982, the average household saved 11% of its disposable income. By 2007 that...