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Components of the Increase in College Operating Expenditures Since 1967: An Analysis of the Impact of Inflation, Increased Enrollment, and Increased Costs on the Total Operating Expenditures of Montgomery College.
Armstrong, David F. – 1979
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…
Descriptors: Community Colleges, Cost Indexes, Costs, Economic Factors