The Higher Education Price Index (HEPI) for fiscal 2010, was 0.9 percent, less than half the 2.3 percent rate for FY2009, according to the Commonfund Institute, which calculates the figure. The index is intended to be used, like an inflation rate, in examining college budgets and policies. The idea is that colleges' expenses are sufficiently different from those in national inflation rates to merit a separate figure. The chief reason for this year's low rate was that two spending categories used in calculating the rate -- materials and utilities -- saw declines in prices.
- Tempering Tuition Hikes
- Middlebury set to abandon plan that tied tuition to inflation to keep down prices
- Sewanee tries to make its endowment spending more predictable
- Middlebury backs away from attempt to control rising prices
- Quick Takes: Higher Ed Inflation Up, International Mobility, Regulatory Win for Foreign Students, Support for Pell, Revised Need Analysis, Community College Accountability, U.S.-Russia Exchange, Palm Tree Scheme, Honorary Degrees for Sale
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