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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.)
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National Center for Education Statistics - http://nces.ed.gov
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