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            "text": "If KSU were to bring its salary averages by rank to parity with the median of its comparators' averages over the next five years, this would require nearly an extra $2.7 million over the first four years and $1.4 million every year thereafter. Compared to an immediate salary increase, this approach would save KSU $2.7 million. A three-year phased increase would save KSU $1.4 million. These calculations only include faculty who are under the median salary for the competitors reviewed in this report."
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}