The increase in tuition and expenditures at Montgomery College were analyzed through the use of the Higher Education Price Index (HEPI) based upon 1967 dollars. This index gives an indication of the effect of inflation upon a given amount of goods and services. Application of the HEPI to Montgomery College data since 1967 reveals that tuition for…

The first part of this paper discusses two principal forms elaborated upon in previous literature for describing the relation between per pupil operating costs and school enrollment size. The first of these forms indicates that average per pupil costs decline up to a point as enrollment increases, reach a minimum, and then rise with further school…