Higher Education Price Index (HEPI)

The Higher Education Price Index (HEPI) measures the inflation rate specific to the costs faced by colleges and universities, such as salaries, facilities, and equipment. Unlike general inflation indicators, HEPI focuses on the unique expenses of higher education institutions, helping them understand how their costs change over time. This index assists school administrators and policymakers in budgeting and planning for future financial needs, ensuring that they can allocate resources effectively to maintain quality education despite rising costs.