More frequent forecasts are first of several planned HEPI enhancements Institute will unveil in 2019
Wilton, CT, May 14, 2019 – Commonfund Institute today announced that the first 2019 estimate for the Commonfund Higher Education Price Index (HEPI) indicates inflation for U.S. colleges and universities is forecasted to rise 2.6 percent in fiscal year 2019, based on data available year-to-date through April 30, 2019. The HEPI estimate is calculated with available year-to-date data points coupled with a forecast of remaining numbers based on historical data.
As part of a broader plan to further enhance HEPI, Commonfund Institute will be regularly releasing HEPI estimates throughout the year in order to enable institutions to more accurately plan their future budgets in advance of the annual HEPI report published in December. Download the full press release.