The authors performed a statistical analysis to investigate whether grade inflation existed in the business school at a small private college in the northeast region of the United States. The results showed that grade inflation existed and exhibited a linear trend over a 20-year period. The authors found that grade inflation was related to faculty status with significant differences seen between mean grade point averages of students being taught by tenured and adjunct faculty and between those students taught by nontenured and adjunct faculty. They also found that average grades given by adjunct faculty were higher than those of either tenured or nontenured faculty. Thus, the results indicate the increased use of adjunct faculty exacerbates grade inflation in higher education.