Table 29.

Expenditures of educational institutions, by level and control of institution: Selected years, 1899-1900 through 2011-12

[In millions]
School year	Current dollars										Constant 2011-12 dollars1
	Total	Elementary and secondary schools			Postsecondary degree-granting institutions						Total	Elementary and secondary schools		Postsecondary degree-granting institutions
		Total	Public	Private2	Total		Public		Private			Total	Public
1	2	3	4	5	6		7			8	9	10	11	12
1899-1900	—	—	$215	—	—		—		—		—	—	—	—
1909-10	—	—	426	—	—		—		—		—	—	—	—
1919-20	—	—	1,036	—	—		—		—		—	—	$12,372	—
1929-30	—	—	2,317	—	$632		$292		$341		—	—	30,801	$8,406
1939-40	—	—	2,344	—	758		392		367		—	—	38,170	12,350
1949-50	$8,494	$6,249	5,838	$411	2,246		1,154		1,092		$81,620	$60,042	56,093	21,578
1959-60	22,314	16,713	15,613	1,100	5,601		3,131		2,470		172,817	129,441	120,921	43,377
1969-70	64,227	43,183	40,683	2,500	21,043		13,250		7,794		386,915	260,147	245,086	126,768
1970-71	71,575	48,200	45,500	2,700	23,375		14,996		8,379		410,018	276,113	260,646	133,905
1971-72	76,510	50,950	48,050	2,900	25,560		16,484		9,075		423,110	281,762	265,724	141,348
1972-73	82,908	54,952	51,852	3,100	27,956		18,204		9,752		440,734	292,123	275,644	148,611
1973-74	91,084	60,370	56,970	3,400	30,714		20,336		10,377		444,558	294,653	278,058	149,905
1974-75	103,903	68,846	64,846	4,000	35,058		23,490		11,568		456,533	302,497	284,921	154,037
1975-76	114,004	75,101	70,601	4,500	38,903		26,184		12,719		467,800	308,166	289,701	159,634
1976-77	121,793	79,194	74,194	5,000	42,600		28,635		13,965		472,227	307,056	287,669	165,171
1977-78	132,515	86,544	80,844	5,700	45,971		30,725		15,246		481,468	314,442	293,733	167,026
1978-79	143,733	93,012	86,712	6,300	50,721		33,733		16,988		477,496	308,995	288,066	168,501
1979-80	160,075	103,162	95,962	7,200	56,914		37,768		19,146		469,227	302,397	281,291	166,830
1980-81	176,378	112,325	104,125	8,200	64,053		42,280		21,773		463,347	295,079	273,538	168,268
1981-82	190,825	120,486	111,186	9,300	70,339		46,219		24,120		461,440	291,350	268,862	170,090
1982-83	204,661	128,725	118,425	10,300	75,936		49,573		26,363		474,515	298,454	274,573	176,060
1983-84	220,993	139,000	127,500	11,500	81,993		53,087		28,907		494,094	310,774	285,063	183,320
1984-85	239,351	149,400	137,000	12,400	89,951		58,315		31,637		514,981	321,444	294,765	193,536
1985-86	259,336	161,800	148,600	13,200	97,536		63,194		34,342		542,339	338,366	310,762	203,973
1986-87	280,964	175,200	160,900	14,300	105,764		67,654		38,110		574,807	358,431	329,176	216,375
1987-88	301,786	187,999	172,699	15,300	113,787		72,641		41,145		592,842	369,313	339,257	223,529
1988-89	333,245	209,377	192,977	16,400	123,867		78,946		44,922		625,741	393,153	362,358	232,588
1989-90	365,825	231,170	212,770	18,400	134,656		85,771		48,885		655,633	414,303	381,326	241,330
1990-91	395,318	249,230	229,430	19,800	146,088		92,961		53,127		671,763	423,516	389,870	248,247
1991-92	417,944	261,755	241,055	20,700	156,189		98,847		57,342		688,161	430,990	396,906	257,172
1992-93	439,676	274,435	252,935	21,500	165,241		104,570		60,671		702,016	438,181	403,853	263,835
1993-94	460,757	287,407	265,307	22,100	173,351		109,310		64,041		717,100	447,306	412,910	269,794
1994-95	485,169	302,200	279,000	23,200	182,969		115,465		67,504		734,053	457,224	422,123	276,829
1995-96	508,523	318,046	293,646	24,400	190,476		119,525		70,952		749,009	468,455	432,516	280,555
1996-97	538,854	338,951	313,151	25,800	199,903	2	125,978		73,925	2	771,668	485,397	448,450	286,272	2
1997-98	570,471	361,615	334,315	27,300	208,856	2	132,846		76,010	2	802,632	508,779	470,369	293,853	2
1998-99	603,847	384,638	355,838	28,800	219,209		140,539		78,670		835,133	531,962	492,131	303,170
1999-2000	649,322	412,538	381,838	30,700	236,784		152,325		84,459		872,829	554,540	513,273	318,289
2000-01	705,017	444,811	410,811	34,000	260,206		170,345		89,861		916,302	578,116	533,926	338,186
2001-02	752,780	472,064	435,364	36,700	280,715		183,436		97,280		961,358	602,863	555,994	358,495
2002-03	795,691	492,807	454,907	37,900	302,884		197,026		105,858		994,308	615,819	568,459	378,489
2003-04	830,293	513,542	474,242	39,300	316,751		205,069		111,682		1,015,334	627,991	579,932	387,343
2004-05	875,988	540,969	499,569	41,400	335,019		215,794		119,225		1,039,919	642,205	593,057	397,714
2005-06	925,246	571,669	528,269	43,400	353,577		226,550		127,027		1,058,101	653,754	604,122	404,347
2006-07	984,034	608,495	562,195	46,300	375,539		238,829		136,710		1,096,962	678,326	626,713	418,636
2007-08	1,054,904	646,414	597,314	49,100	408,490		261,046		147,444		1,133,949	694,850	642,071	439,098
2008-09	1,089,670	658,926	610,326	48,600	430,744		273,030		157,714		1,155,190	698,546	647,024	456,644
2009-10	1,101,119	654,636	607,236	47,400	446,483		281,368		165,115		1,156,141	687,347	637,578	468,794
2010-113	1,153,000	681,000	631,000	51,000	471,000		296,000		175,000		1,187,000	701,000	649,000	485,000
2011-122	1,183,000	700,000	650,000	50,000	483,000		304,000		179,000		1,183,000	700,000	650,000	483,000

—Not available.

1 Constant dollars based on the Consumer Price Index, prepared by the Bureau of Labor Statistics, U.S. Department of Labor, adjusted to a school-year basis.

2 Estimated by the National Center for Education Statistics based on teacher and enrollment data, and actual expenditures for prior years.

3 Data for elementary and secondary education are estimated; data for degree-granting institutions are actual.

NOTE: Total expenditures for public elementary and secondary schools include current expenditures, interest on school debt, and capital outlay. Expenditures for public and private colleges and universities in 1929-30 and 1939-40 include current-fund expenditures and additions to plant value. Public and private degree-granting institutions data for 1949-50 through 1995-96 are for current-fund expenditures. Data for private degree-granting institutions for 1996-97 and later years are for total expenditures. Data for public degree-granting institutions for 1996-97 through 2000-01 are for current expenditures; data for later years are for total expenditures. Postsecondary data through 1995-96 are for institutions of higher education, while later data are for degree-granting institutions. Degree-granting institutions grant associate’s or higher degrees and participate in Title IV federal financial aid programs. The degree-granting classification is very similar to the earlier higher education classification, but it includes more 2-year colleges and excludes a few higher education institutions that did not grant degrees. Some data have been revised from previously published figures. Detail may not sum to totals because of rounding.

SOURCE: U.S. Department of Education, National Center for Education Statistics, Annual Report of the Commissioner of Education, 1899-1900 and 1909-10; Biennial Survey of Education in the United States, 1919-20 through 1949-50; Statistics of State School Systems, 1959-60 and 1969-70; Revenues and Expenditures for Public Elementary and Secondary Education, 1970-71 through 1986-87; Common Core of Data (CCD), "National Public Education Financial Survey," 1987-88 through 2009-10; Higher Education General Information Survey (HEGIS), Financial Statistics of Institutions of Higher Education, 1965-66 through 1985-86; Integrated Postsecondary Education Data System (IPEDS), "Finance Survey," (IPEDS-F:FY87-99); IPEDS Spring 2001 through Spring 2012, Finance component; and unpublished tabulations. (This table was prepared January 2013.)