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Document Number: 2898

A Primer for Making Cost Adjustments in Education - This publication from the U. S. Department of Education was undertaken so that educators, the public and policymakers might better understand both geographic and inflation adjustments, and how they might be applied to elementary/secondary education. The authors present the differences in expenditures and costs, as well as how both geographic and inflation education cost adjustments can be used to assist in differentiating nominal and real costs. Because there may not be a single best cost adjustment, the book aims to promote the exchange of ideas between researchers and policymakers. (William J. Fowler Jr., and David H. Monk, NCES, February 2001)...

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