詞匯講解：

1. application n. 應用,適用；申請
例句：I made an application for a loan.
我申請一筆貸款。

2. graduate vt. 準予...畢業;授予...學位
例句：Mary was graduated from Oxford.
瑪麗畢業于牛津大學。

3. increase vt. 增大;增加
例句：Travel increases one's knowledge of the world.
旅游增進人對世界的了解。

4. possible adj. 有可能的
例句：I'll do everything possible to help you.
我將盡一切可能幫助你。

5. reflection n. 反射;回響
例句：Law is the reflection of economic conditions.
法律是經濟狀況的反映。

6. financial adj. 財政的
例句：We suffered huge losses in the financial crisis.
我們在金融危機中損失慘重.

7. admission n. 承認,許可
例句：She has the qualifications for admission to the college.
她具備進入該學院的條件。

8. phenomenal adj. 驚人的, 顯著的
例句：You have a phenomenal memory.
你的記憶力驚人。

短語講解：

1. The increase is the same as two years ago. Last year's gain was eleven percent.

the same as 跟...一樣
例句：The two brothers look the same as each other.
這兄弟倆長得一樣。

2. But the share of the applicant pool that actually ends up enrolling in U.S. graduate programs is a bit lower though their application numbers were considerably higher.

end up 結束
例句：You will end up in debt if you keep on spending money like that.
你要是老這樣花錢,總有一天要負債。
a bit 有點
例句：Your article is a bit long.
你的文章長了一點。

3. This year is the seventh year of big increases in applications from China, where Ms. Stewart points out that more and more students are finishing college.

point out 指出
例句：He pointed out the mistake to me.
他向我指出錯誤。
more and more 越來越
例句：The park is becoming more and more beautiful.
公園越來越美了。