Appropriate Tuition Adjustment: Recasting Financial Figures, 2010-11Log in to Download
Each fall, ISM publishes a set of conversion factors to facilitate the recasting of previous tuitions into current dollars. We continue to use the Urban Consumer Price Index (CPI-U). 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 higher than the overall inflation rate. This article also makes comparisons with the Higher Education Price index (HEPI).