Higher-Education Price Index Rises 3.6 Percent, Trailing Consumer Price Index

By GOLDIE BLUMENSTYK

The Higher Education Price Index, a widely used measure of colleges' inflation costs, rose by 3.6 percent for the 2008 fiscal year that ended on June 30.

But even as they heralded the good news of that moderate increase, experts at the Commonfund Institute who maintain the index...