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Before we all jump on the higher education is a vascous bubble !!11! bandwagon, can anyone verify whether this blogspam is using any Al Gore style statistics? F
by shii 16y ago
Before we all jump on the higher education is a vascous bubble !!11! bandwagon, can anyone verify whether this blogspam is using any Al Gore style statistics? For example, are the $s adjusted for inflation since the 70s? I'd check this all myself, but the iPhone really isn't conducive to this sort of thing.
- isamuel 16y agoAre they adjusted for inflation? _One of the lines is the Consumer Price Index._
- HistoryInAction 16y agoCPI is useful as a baseline for understanding higher education pricing, but check out the Commonfund's HEPI modeling of inflation specific to the higher education market, which this posting compelled me to add: http://news.ycombinator.com/item?id=2451737 http://news.ycombinator.com/item?id=2451737, http://www.commonfund.org/CommonfundInstitute/HEPI/HEPI%20Documents/2010/CF_HEPI_2010.pdf http://www.commonfund.org/CommonfundInstitute/HEPI/HEPI%20Do... Inflation was lower in '10 than it's been in decades, 0.9%, after several years of 2-3% inflation, generally around 1% higher than CPI every single year. Recently, the inflation was driven by volatile, high energy prices, since research labs especially are growing increasingly electricity-intensive as high-powered computing becomes a key part of more and more research fields.