Appropriate Tuition Adjustment: Recasting Financial Figures, 2012–13

Ideas & Perspectives
Ideas & Perspectives

Volume 37

No. 11//

August 27, 2012

Each fall, ISM publishes a set of conversion factors to facilitate the recasting of previous tuitions into current dollars. (See the table on the next page.) We continue to use the Urban Consumer Price Index (CPI-U).1 However, we also realize that the CPI-U does not completely reflect expenditures 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.2

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