Originally Posted by LetItSnow
Is there historical data that suggests 7% is a good number? I know at my university the increase from last year to this year was much higher than that. I understand you have to throw a dart at the wall at some point; just wondering why 7% (i.e. is that an average based on history, or .....).
I think she chose 7% per year as a conservative number Many schools are doing 9-12% per year but perhaps that number will come down a bit.
These numbers are (hopefully) fairly accurate for the Class of 2015.