Inflation rate of 2.6% expected for colleges in 2019
The preliminary Higher Education Price Index (HEPI) for 2019, which measures inflation in higher ed costs, marks a slight decrease from a rate of 2.8% in 2018 and 3.3% in 2017. However, inflation rates for supplies and materials, as well as for utilities, are projected above those of last year. Faculty salaries are projected to increase at a slightly lower rate (2.0%) this year than they did last year (3.2%).
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