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Table 27. Expenditures of educational institutions, by level and control of institution: Selected years, 1899-1900 through 2008-09
[In millions]  
School year Current dollars Constant 2007-08 dollars1
  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       $11,510  
1929-30 2,317 $632 3  $292 3  $341 3  28,654 $7,820 3 
1939-40 2,344 758 3  392 3  367 3  35,509 11,490 3 
1949-50 $8,494 $6,249 5,838 $411 2,246   1,154   1,092   $75,930 $55,857 52,183 20,074  
1959-60 22,314 16,713 15,613 1,100 5,601   3,131   2,470   160,771 120,418 112,492 40,353  
                             
1969-70 64,227 43,183 40,683 2,500 21,043   13,250   7,794   359,944 242,012 228,002 117,932  
1970-71 71,575 48,200 45,500 2,700 23,375   14,996   8,379   381,437 256,866 242,477 124,571  
1971-72 76,510 50,950 48,050 2,900 25,560   16,484   9,075   393,616 262,121 247,201 131,495  
1972-73 82,908 54,952 51,852 3,100 27,956   18,204   9,752   410,011 271,760 256,429 138,251  
1973-74 91,084 60,370 56,970 3,400 30,714   20,336   10,377   413,569 274,113 258,675 139,456  
                             
1974-75 103,903 68,846 64,846 4,000 35,058   23,490   11,568   424,710 281,410 265,060 143,299  
1975-76 114,004 75,101 70,601 4,500 38,903   26,184   12,719   435,191 286,684 269,506 148,507  
1976-77 121,793 79,194 74,194 5,000 42,600   28,635   13,965   439,309 285,651 267,616 153,658  
1977-78 132,515 86,544 80,844 5,700 45,971   30,725   15,246   447,906 292,523 273,257 155,383  
1978-79 143,733 93,012 86,712 6,300 50,721   33,733   16,988   444,211 287,456 267,986 156,755  
                             
1979-80 160,075 103,162 95,962 7,200 56,914   37,768   19,146   436,518 281,317 261,683 155,201  
1980-81 176,378 112,325 104,125 8,200 64,053   42,280   21,773   431,048 274,510 254,470 156,538  
1981-82 190,825 120,486 111,186 9,300 70,339   46,219   24,120   429,274 271,041 250,120 158,233  
1982-83 204,661 128,725 118,425 10,300 75,936   49,573   26,363   441,437 277,650 255,434 163,788  
1983-84 220,993 139,000 127,500 11,500 81,993   53,087   28,907   459,652 289,111 265,192 170,541  
                             
1984-85 239,351 149,400 137,000 12,400 89,951   58,315   31,637   479,083 299,037 274,218 180,045  
1985-86 259,336 161,800 148,600 13,200 97,536   63,194   34,342   504,534 314,780 289,099 189,754  
1986-87 280,964 175,200 160,900 14,300 105,764   67,654   38,110   534,738 333,446 306,230 201,292  
1987-88 301,785 187,999 172,699 15,300 113,786   72,641   41,145   551,517 343,569 315,608 207,947  
1988-89 333,245 209,377 192,977 16,400 123,867   78,946   44,922   582,122 365,747 337,099 216,375  
                             
1989-90 365,825 231,170 212,770 18,400 134,656   85,771   48,885   609,930 385,423 354,745 224,508  
1990-91 395,318 249,230 229,430 19,800 146,088   92,961   53,127   624,936 393,994 362,693 230,942  
1991-92 417,944 261,755 241,055 20,700 156,189   98,847   57,342   640,191 400,946 369,239 239,245  
1992-93 439,676 274,435 252,935 21,500 165,241   104,570   60,671   653,080 407,637 375,701 245,444  
1993-94 460,757 287,407 265,307 22,100 173,351   109,310   64,041   667,113 416,125 384,127 250,988  
                             
1994-95 485,169 302,200 279,000 23,200 182,969   115,465   67,504   682,884 425,352 392,698 257,532  
1995-96 508,523 318,046 293,646 24,400 190,476   119,525   70,952   696,798 435,800 402,366 260,998  
1996-97 538,854 338,951 313,151 25,800 199,903 2  125,978   73,925 2  717,877 451,561 417,189 266,316 2 
1997-98 570,471 361,615 334,315 27,300 208,856 2  132,846   76,010 2  746,682 473,313 437,581 273,369 2 
1998-99 603,847 384,638 355,838 28,800 219,209   140,539   78,670   776,917 494,880 457,826 282,037  
                             
1999-2000 649,322 412,538 381,838 30,700 236,784   152,325   84,459   811,987 515,885 477,494 296,102  
2000-01 705,017 444,811 410,811 34,000 260,206   170,345   89,861   852,429 537,817 496,708 314,612  
2001-02 752,780 472,064 435,364 36,700 280,715   183,436   97,280   894,344 560,839 517,237 333,505  
2002-03 795,691 492,807 454,907 37,900 302,884   197,026   105,858   924,997 572,892 528,833 352,105  
2003-04 830,293 513,542 474,242 39,300 316,751   205,069   111,682   944,557 584,215 539,507 360,342  
                             
2004-05 875,988 540,969 499,569 41,400 335,019   215,794   119,225   967,429 597,438 551,717 369,990  
2005-06 925,712 572,135 528,735 43,400 353,577   226,550   127,027   984,839 608,678 562,506 376,161  
2006-07 984,192 608,653 562,253 46,400 375,539   238,829   136,710   1,020,659 631,205 583,086 389,454  
2007-082 1,053,000 645,000 596,000 49,000 408,000   261,000   147,000   1,053,000 645,000 596,000 408,000  
2008-092 1,093,000 661,000 611,000 49,000 432,000   271,000   161,000   1,078,000 652,000 603,000 426,000  
—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 Appendix A: 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 2006-07; Higher Education General Information Survey (HEGIS), Financial Statistics of Institutions of Higher Education, 1965-66 through 1985-86; 1986-87 through 2006-07 Integrated Postsecondary Education Data System, "Finance Survey," (IPEDS-F:FY87-99), and Spring 2001 through Spring 2008, and unpublished tabulations. (This table was prepared September 2009.)
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National Center for Education Statistics - http://nces.ed.gov
U.S. Department of Education