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benefits

Remuneration under inflation: Adjusted faculty salaries and benefits continue to plummet

From fall 2019-22, full-time faculties' inflation-adjusted salary declined by 7.5%, driven by a CPI-U hike rivaling rates 40 years ago.

Analysis: Higher ed costs haven’t been this high since 2008

Historically, the cost of utilities has been the dominant area of spending. Although that continued in FY2022, spending rose in every area tracked by the Commonfund Higher Education Price Index.