In late January 2001, the National Center for Education Statistics (NCES) released this new publication. Published January 29th, A Primer for Making Cost Adjustments in Education gives advice to administrators for figuring cost adjustments in line with inflation. Independently written by William J. Fowler, Jr. and David H. Monk, the report considers the need to make cost adjustments in line with regional economic data -- a la the Consumer Price Index -- and to be aware "of cost-of-living differences between major metropolitan areas." The NCES states that this report is intended to contribute to an ongoing conversation about the issue and does not reflect the official views of the Department of Education. The publication is in .pdf format and may be downloaded in its entirety or in selected chapters.
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