Staggering statistics

When I was accepted for admission into the University of Virginia (in 1977) 10,000 students applied for a first year class of 2500 students.

Last year, over 30,000 students applied for a first year class of 3500 students.

So, in 36 years, the first year class size increased by 40% while the number of applicants increased by 300%.

Did I do my math correctly?

The application deadline for the class of 2018 was yesterday.

Best of luck to all who applied!