Appropriate Tuition Adjustment: Recasting Financial Figures, 2016–17

Ideas & Perspectives
Ideas & Perspectives

Volume 41

No. 11//

September 6, 2016

Each fall, ISM publishes a set of conversion factors to facilitate recasting previous tuitions into current dollars. (See the accompanying table.) We continue to use the Urban Consumer Price Index (CPI-U). However, we also realize the CPI-U does not reflect expenses in private-independent schools; it can only serve as a base figure. There are compelling arguments for adjusting your tuition at a rate 2% above the overall inflation rate.1

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