Skip Navigation
small NCES header image
Table 26. Expenditures of educational institutions, by level and control of institution: Selected years, 1899–1900 through 2006–07

[In millions]
School year Current dollars Constant 2006-07 dollars1 
Total Elementary and secondary schools Postsecondary degree-granting institutions Total Elementary and secondary schools Postsecond-ary 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       $11,099  
1929–30 2,317 $632 3  $292 3  $341 3  27,630 $7,540 3 
1939–40 2,344 758 3  392 3  367 3  34,240 11,079 3 
1949–50 $8,494 $6,249 5,838 $411 2,246   1,154   1,092   $73,218 $53,861 50,318 19,357  
1959–60 22,314 16,713 15,613 1,100 5,601   3,131   2,470   155,026 116,115 108,473 38,911  
                               
1969–70 64,227 43,183 40,683 2,500 21,043   13,250   7,794   347,083 233,365 219,855 113,718  
1970–71 71,575 48,200 45,500 2,700 23,375   14,996   8,379   367,808 247,688 233,814 120,120  
1971–72 76,510 50,950 48,050 2,900 25,560   16,484   9,075   379,552 252,756 238,369 126,797  
1972–73 82,908 54,952 51,852 3,100 27,956   18,204   9,752   395,362 262,050 247,267 133,312  
1973–74 91,084 60,370 56,970 3,400 30,714   20,336   10,377   398,792 264,319 249,433 134,473  
                               
1974–75 103,903 68,846 64,846 4,000 35,058   23,490   11,568   409,535 271,356 255,590 138,179  
1975–76 114,004 75,101 70,601 4,500 38,903   26,184   12,719   419,642 276,441 259,877 143,201  
1976–77 121,793 79,194 74,194 5,000 42,600   28,635   13,965   423,613 275,445 258,055 148,167  
1977–78 132,515 86,544 80,844 5,700 45,971   30,725   15,246   431,903 282,072 263,494 149,831  
1978–79 143,733 93,012 86,712 6,300 50,721   33,733   16,988   428,340 277,185 258,411 151,154  
                               
1979–80 160,075 103,162 95,962 7,200 56,914   37,768   19,146   420,922 271,266 252,333 149,656  
1980–81 176,378 112,325 104,125 8,200 64,053   42,280   21,773   415,647 264,702 245,378 150,945  
1981–82 190,825 120,486 111,186 9,300 70,339   46,219   24,120   413,936 261,357 241,183 152,580  
1982–83 204,661 128,725 118,425 10,300 75,936   49,573   26,363   425,665 267,730 246,307 157,936  
1983–84 220,993 139,000 127,500 11,500 81,993   53,087   28,907   443,229 278,781 255,717 164,448  
                               
1984–85 239,351 149,400 137,000 12,400 89,951   58,315   31,637   461,965 288,353 264,420 173,612  
1985–86 259,336 161,800 148,600 13,200 97,536   63,194   34,342   486,507 303,533 278,770 182,975  
1986–87 280,964 175,200 160,900 14,300 105,764   67,654   38,110   515,632 321,532 295,288 194,100  
1987–88 301,786 187,999 172,699 15,300 113,787   72,641   41,145   531,811 331,294 304,332 200,518  
1988–89 333,246 209,377 192,977 16,400 123,868   78,946   44,922   561,325 352,679 325,055 208,646  
                               
1989–90 365,825 231,170 212,770 18,400 134,656   85,771   48,885   588,138 371,652 342,070 216,486  
1990–91 395,318 249,230 229,430 19,800 146,088   92,961   53,127   602,607 379,916 349,734 222,691  
1991–92 417,944 261,755 241,055 20,700 156,189   98,847   57,342   617,318 386,621 356,046 230,697  
1992–93 439,876 274,635 252,935 21,700 165,241   104,570   60,671   630,033 393,358 362,278 236,674  
1993–94 461,157 287,807 265,307 22,500 173,351   109,310   64,041   643,836 401,816 370,403 242,020  
                               
1994–95 485,369 302,400 279,000 23,400 182,969   115,465   67,504   658,756 410,426 378,667 248,330  
1995–96 508,523 318,046 293,646 24,400 190,476   119,525   70,952   671,902 420,229 387,990 251,673  
1996–97 538,854 338,951 313,151 25,800 199,903 2  125,978   73,925 2  692,228 435,427 402,283 256,801 2 
1997–98 570,471 361,615 334,315 27,300 208,856 2  132,846   76,010 2  720,004 456,402 421,946 263,602 2 
1998–99 603,847 384,638 355,838 28,800 219,209   140,539   78,670   749,159 477,198 441,468 271,960  
                               
1999–2000 649,322 412,538 381,838 30,700 236,784   152,325   84,459   782,975 497,452 460,433 285,522  
2000–01 705,017 444,811 410,811 34,000 260,206   170,345   89,861   821,972 518,601 478,961 303,371  
2001–02 752,780 472,064 435,364 36,700 280,715   183,436   97,280   862,390 540,800 498,757 321,589  
2002–03 795,691 492,807 454,907 37,900 302,762   197,026   105,858   891,948 552,423 509,938 339,525  
2003–04 830,293 513,542 474,242 39,300 316,751   205,069   111,682   910,809 563,341 520,230 347,467  
                               
2004–05 875,469 540,469 499,069 41,400 335,000 2  216,000 2  119,000 2  932,310 575,560 531,472 356,751 2 
2005–062  923,000 567,000 524,000 43,000 356,000   227,000   129,000   946,869 581,663 537,551 365,206  
2006–072  972,000 599,000 553,000 46,000 373,000   239,000   134,000   972,000 599,000 553,000 373,000  
— 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.
3 Data include current-fund expenditures and additions to plant value.
NOTE: Total expenditures for public elementary and secondary schools include current expenditures, interest on school debt, and capital outlay. Public and private degree-granting institutions data for 1929–30 through 1995–96 are for current-fund expenditures, except where noted. 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 2004–05; Higher Education General Information Survey (HEGIS), Financial Statistics of Institutions of Higher Education, 1965–66 through 1985–86; 1986–87 through 2004–05 Integrated Postsecondary Education Data System, "Finance Survey," (IPEDS-F:FY87–99), and Spring 2002 through Spring 2006, and unpublished tabulations. (This table was prepared August 2007.)
Would you like to help us improve our products and website by taking a short survey?

YES, I would like to take the survey

or

No Thanks

The survey consists of a few short questions and takes less than one minute to complete.
National Center for Education Statistics - http://nces.ed.gov
U.S. Department of Education