|Figure 22-2: Annual expenditures per student for postsecondary education in selected Organization for Economic Cooperation and Development (OECD) countries, by gross domestic product (GDP) per capita: 2008|
Linear relationship between spending and country wealth for 31 OECD countries reporting data (postsecondary): r2 = .53; slope = .44; intercept = -1,082.
NOTE: Luxembourg data are excluded because they do not report data for postsecondary institutions. For more information on classification of expenditures for international comparisons, see Appendix C – Finance. For more information on the International Standard Classification of Education (ISCED), see Appendix C – International Education Definitions.
SOURCE: Organization for Economic Cooperation and Development (OECD), Center for Educational Research and Innovation. (2011). Education at a Glance, 2011: OECD Indicators, tables B1.2 and X2.1.