Table 26.	Expenditures of educational institutions, by level and control of institution: Selected years, 1899–1900 through 2005–06
[In millions of dollars]

School year	In current dollars								In constant 2005-06 dollars1
	Total	Elementary and secondary schools			Postsecondary degree-granting institutions				Total	Elementary and secondary schools		Post- secondary 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	—	—	—	—		—	—	$10,819	—
1929–30	—	—	2,317	—	$632	$292	$341		—	—	26,934	$7,350
1939–40	—	—	2,344	—	758	392	367		—	—	33,377	10,800
1949–50	$8,494	$6,249	5,838	$411	2,246	1,154	1,092		$71,372	$52,503	49,050	18,869
1951–52	10,332	7,861	7,344	517	2,471	1,305	1,166		78,227	59,518	55,604	18,708
1953–54	12,616	9,733	9,092	641	2,883	1,579	1,304		93,357	72,024	67,281	21,332
1955–56	15,227	11,727	10,955	772	3,499	1,936	1,563		112,709	86,805	81,091	25,904
1957–58	19,035	14,525	13,569	956	4,510	2,535	1,975		132,635	101,211	94,550	31,423
1959–60	22,314	16,713	15,613	1,100	5,601	3,131	2,470		151,118	113,188	105,738	37,930
1961–62	26,828	19,673	18,373	1,300	7,155	3,937	3,218		177,608	130,243	121,636	47,365
1963–64	32,003	22,825	21,325	1,500	9,178	5,073	4,104		206,481	147,266	137,588	59,214
1965–66	40,558	28,048	26,248	1,800	12,509	7,063	5,446		252,934	174,920	163,694	78,015
1967–68	51,558	35,077	32,977	2,100	16,481	10,032	6,449		301,683	205,248	192,960	96,435
1969–70	64,227	43,183	40,683	2,500	21,043	13,250	7,794		338,334	227,483	214,313	110,851
1970–71	71,575	48,200	45,500	2,700	23,375	14,996	8,379		358,537	241,445	227,920	117,092
1971–72	76,510	50,950	48,050	2,900	25,560	16,484	9,075		369,984	246,384	232,360	123,600
1972–73	82,908	54,952	51,852	3,100	27,956	18,204	9,752		385,395	255,444	241,034	129,951
1973–74	91,084	60,370	56,970	3,400	30,714	20,336	10,377		388,739	257,656	243,145	131,083
1974–75	103,903	68,846	64,846	4,000	35,058	23,490	11,568		399,211	264,515	249,147	134,696
1975–76	114,004	75,101	70,601	4,500	38,903	26,184	12,719		409,063	269,473	253,326	139,591
1976–77	121,793	79,194	74,194	5,000	42,600	28,635	13,965		412,934	268,502	251,549	144,432
1977–78	132,515	86,544	80,844	5,700	45,971	30,725	15,246		421,015	274,961	256,852	146,054
1978–79	143,733	93,012	86,712	6,300	50,721	33,733	16,988		417,542	270,198	251,897	147,344
1979–80	160,075	103,162	95,962	7,200	56,914	37,768	19,146		410,311	264,428	245,972	145,883
1980–81	176,378	112,325	104,125	8,200	64,053	42,280	21,773		405,169	258,029	239,192	147,140
1981–82	190,825	120,486	111,186	9,300	70,339	46,219	24,120		403,502	254,768	235,104	148,733
1982–83	204,661	128,725	118,425	10,300	75,936	49,573	26,363		414,935	260,981	240,098	153,954
1983–84	220,993	139,000	127,500	11,500	81,993	53,087	28,907		432,056	271,754	249,270	160,302
1984–85	239,351	149,400	137,000	12,400	89,951	58,315	31,637		450,320	281,084	257,754	169,236
1985–86	259,336	161,800	148,600	13,200	97,536	63,194	34,342		474,243	295,881	271,743	178,362
1986–87	280,964	175,200	160,900	14,300	105,764	67,654	38,110		502,634	313,427	287,845	189,207
1987–88	301,786	187,999	172,699	15,300	113,787	72,641	41,145		518,405	322,942	296,660	195,463
1988–89	333,246	209,377	192,977	16,400	123,868	78,946	44,922		547,175	343,789	316,861	203,386
1989–90	365,825	231,170	212,770	18,400	134,656	85,771	48,885		573,312	362,283	333,447	211,029
1990–91	395,318	249,230	229,430	19,800	146,088	92,961	53,127		587,416	370,339	340,918	217,077
1991–92	417,944	261,755	241,055	20,700	156,189	98,847	57,342		601,756	376,875	347,071	224,881
1992–93	439,876	274,635	252,935	21,700	165,241	104,570	60,671		614,150	383,443	353,145	230,708
1993–94	461,157	287,807	265,307	22,500	173,351	109,310	64,041		627,606	391,686	361,065	235,919
1994–95	485,369	302,400	279,000	23,400	182,969	115,465	67,504		642,150	400,080	369,122	242,070
1995–96	508,523	318,046	293,646	24,400	190,476	119,525	70,952		654,964	409,636	378,209	245,328
1996–97	538,854	338,951	313,151	25,800	199,903	125,978	73,925	2	674,778	424,450	392,142	250,328
1997–98	570,471	361,615	334,315	27,300	208,856	132,846	76,010	2	701,853	444,897	411,309	256,957
1998–99	603,847	384,638	355,838	28,800	219,209	140,539	78,670		730,273	465,169	430,339	265,104
1999–2000	649,322	412,538	381,838	30,700	236,784	152,325	84,459		763,237	484,912	448,827	278,325
2000–01	705,017	444,811	410,811	34,000	260,206	170,345	89,861		801,251	505,528	466,887	295,724
2001–02	752,780	472,064	435,364	36,700	280,715	183,436	97,280		840,650	527,168	486,184	313,483
2002–03	795,568	492,807	454,907	37,900	302,762	196,891	105,871		869,329	538,497	497,083	330,832
2003–04	829,913	513,163	473,863	39,300	316,750	205,069	111,682		887,443	548,735	506,711	338,707
2004–052	878,300	536,900	495,800	41,100	341,400	218,300	123,100		911,747	557,346	514,681	354,401
2005–062	921,800	558,300	515,600	42,700	363,500	229,900	133,600		921,800	558,300	515,600	363,500

—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. NOTE: Total expenditures for public elementary and secondary schools include current expenditures, interest on school debt, and capital outlay. Expenditures for 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. 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. (See Guide to Sources for details.) 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, 1951–52 through 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 2003–04; Higher Education General Information Survey (HEGIS), Financial Statistics of Institutions of Higher Education, 1965–66 through 1985–86; 1986–87 through 2003–04 Integrated Postsecondary Education Data System, "Finance Survey," (IPEDS-F:FY87–99), and Spring 2002 through Spring 2005, and unpublished tabulations. (This table was prepared October 2006.)