The CPI sample of colleges and universities priced was selected proportional to expenditures for students as reported by households located in the areas sampled by the CPI. The weight for college tuition reflects annual consumer expenditures for undergraduate and post-graduate studies at 2-year colleges, 4-year colleges, major universities, and professional schools (law, dental, medical, etc.). The base period weight for each CPI item group is the out-of-pocket expenditures households incurred for that item. The specific schools to be priced are selected with probability proportional to the estimated number of students living in the pricing area, using first-time student data from the Department of Education’s Integrated Postsecondary Education Data System (IPEDS) and county population data from Census to ensure the resulting sample will be representative of consumer spending in the pricing area. Because students may choose to attend colleges that are outside of the pricing areas, colleges included in the sample are located throughout the United States (which is unlike the samples for most other CPI items). In the CPI pricing areas, a sample of schools is selected for pricing using those cities as the location where the student resides. Technical and business school tuition and feesīLS selects a sample that represents the expenditures on college tuition and fees by the U.S. Tuition, other school fees, and childcareĮlementary and high school tuition and fees The relative importance of an item category is its percent of the CPI weight as of December of the most recent year. The education and communication index is published for all published areas on each area's publication cycle. ![]() Both the tuition, other school fees, and childcare index and the college tuition and fees index are published monthly at the U.S. College tuition and fees increase 63% since January 2006Ħ9.7% of 2016 high school graduates enrolled in college in October 2016 Measuring Price Change in the CPI: College tuition and fixed feesĬollege tuition and fixed fees, a component of the tuition, other school fees, and childcare index, is included in the education and communication major group of the Consumer Price Index (CPI).
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