General Facts about the year you entered the “real world” in 1987:
Average Cost of new house $92,000.00
Average Income per year $24,350.00
Average Monthly Rent $395.00
Average Price for new car $10,355.00
1 gallon of gas 89 cents
Loaf of bread: 55 cents
US Stock Market Crashes on Monday, October 19th, 1987 with a 508 point drop or 22.6%
The World's Population reaches approximately five billion (5,000,000,000)
Supernova is observed, the first "naked-eye" supernova since 1604.
Margaret Thatcher is elected as Prime Minister of the United Kingdom for the third time
The First Criminal convicted using DNA Evidence by Robert Melias in England
1987 is shortened by 1 second to adjust to the Gregorian calendar
Disposable Contact Lenses became available for commercial distribution
"The Simpsons" airs on TV for the first time
William & Mary historical events from when you were a student:
1983-William and Mary dedicated the first phase of the Joseph L. and Margaret Muscarelle Museum of Art, built entirely with private funds.
1984-Anne Dobie Peebles of Sussex County, a 1944 alumna of the College of William and Mary, was elected the first woman rector in William and Mary's history.
1984-Paul R. Verkuil, Class of 1961, was named president of the College, succeeding Thomas A. Graves, Jr., who resigned after almost 14 years in office. Dr. Verkuil served as dean of the School of Law at Tulane University.
1985-Students returned to Jefferson Hall after a two-year $2.81-million reconstruction of the dormitory, which was nearly destroyed by fire two years earlier.
1985-Paul R. Verkuil was inaugurated president in ceremonies held in William and Mary Hall. Judge John Minor Wisdom of the U.S. Court of Appeals for the Fifth District Court administered the oath of office.
1987-Warren E. Burger, retiring Chief Justice of the United States, was installed as the 20th chancellor of the College of William and Mary, saying that "I have received no honor that I cherish more." To mark the occasion, the Society of the Alumni presented a badge and chain of office to the new chancellor.
1987-Expansions of the Muscarelle Museum of Art and the Earl Gregg Swem Library were completed.