The Higher Education Price Index (HEPI) serves to guide, point out, or otherwise facilitate reference for the persistent increase in the level of prices in various categories affecting higher education costs. The Commonfund Institute disseminates the Index free of charge to educational institutions each year. Commonfund Institute does not generate the figures used, but HEPI is constructed from figures distributed by government and economic agencies. Research Associates of Washington, D.C. produced HEPI until 2005 when Commonfund Institute took over management responsibility for the Index. Unlike the Consumer Price Index, “HEPI is an inflation index designed specifically to track the main cost drivers in higher education,” according to the Commonfund website.
Since fiscal year 2002, HEPI has been based on a regression formula. Regression analyses are widely use...
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... Baltimore, MD: The Johns Hopkins University Press.
Hurley, D. J., McBain, L., Harnisch, T., & Russell, A. (2011, January). Top 10 higher education
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Weisbrod, B.A., Ballou, J.P., & Asch, E.D. (2010). Mission and money: Understanding the
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