Value of property and liabilities of institutions of higher education: 1899-1900 to 1995-96

Table 360

Value of property and liabilities of institutions of higher education: 1899-1900 to 1995-96 [In thousands]

________________________________________________________________________________________________________________________
           |                          Property value at end of year                           |            |
           |__________________________________________________________________________________| Endowment  |Liabilities
 Academic  |             |                Physical plant value                 |   Endowment  |(end of year|  of plant
   year    |    Total    |_____________________________________________________|    (book     |   market   |   funds
           |             |   Total    |   Land    |   Buildings   | Equipment  |   value)\1\  | value)\1\  |
___________|_____________|____________|___________|_______________|____________|______________|____________|____________
     1     |      2      |     3      |     4     |        5      |     6      |        7     |     8      |     9
___________|_____________|____________|___________|_______________|____________|______________|____________|____________
1899-1900 .|    $448,597 |   $253,599 |       --- |           --- |        --- |\2\  $194,998 |        --- |        ---
1909-10 ...|     781,255 |    457,594 |   $92,359 |      $297,153 |    $68,082 |\2\   323,661 |        --- |        ---
1919-20 ...|   1,316,404 |    747,333 |   128,922 |       495,920 |    122,491 |\2\   569,071 |        --- |        ---
1929-30 ...|   3,437,117 |  2,065,049 |   304,114 |     1,490,014 |    270,921 |\2\ 1,372,068 |        --- |        ---
1935-36 ...|   3,913,028 |  2,359,418 |   334,085 |     1,636,722 |    388,611 |\2\ 1,553,610 |        --- |        ---
           |             |            |           |               |            |              |            |
1937-38 ...|   4,208,695 |  2,556,075 |   313,665 |     1,811,309 |    431,101 |    1,652,620 |        --- |        ---
1939-40 ...|   4,440,063 |  2,753,780 |       --- |           --- |        --- |    1,686,283 |        --- |        ---
1941-42 ...|   4,525,925 |  2,759,261 |       --- |           --- |        --- |\2\ 1,766,664 |        --- |        ---
1947-48 ...|   6,076,212 |  3,691,725 |       --- |           --- |        --- |    2,384,487 |        --- |        ---
1949-50 ...|   7,401,187 |  4,799,964 |       --- |           --- |        --- |\2\ 2,601,223 |        --- |        ---
           |             |            |           |               |            |              |            |
1951-52 ...|   9,241,725 |  6,373,195 |       --- |           --- |        --- |    2,868,530 |        --- |        ---
1953-54 ...|  10,717,082 |  7,523,193 |       --- |           --- |        --- |    3,193,889 |        --- |        ---
1955-56 ...|  12,561,046 |  8,858,907 |   624,467 |\3\  6,697,648 |  1,536,792 |    3,702,139 |        --- |   $894,383
1957-58 ...|  15,770,197 | 11,124,489 |   733,182 |\3\  8,540,429 |  1,850,878 |    4,645,708 |        --- |  1,444,602
1959-60 ...|  18,870,628 | 13,548,548 |   842,664 |\3\ 10,472,478 |  2,233,407 |    5,322,080 |        --- |  1,964,306
           |             |            |           |               |            |              |            |
1961-62 ...|  22,761,193 | 16,681,844 | 1,009,294 |\3\ 12,900,093 |  2,772,457 |    6,079,349 |        --- |  2,806,868
1963-64 ...|  28,232,362 | 21,279,346 | 1,292,691 |\3\ 16,460,867 |  3,525,788 |    6,953,016 |        --- |  4,190,189
1965-66 ...|  35,274,597 | 26,851,273 | 1,758,901 |\3\ 20,653,028 |  4,439,344 |    8,423,324 |$11,126,831 |  6,071,750
1967-68 ...|         --- | 34,506,348 | 2,062,545 |\3\ 26,673,826 |  5,769,977 |          --- |        --- |        ---
1969-70 ...|  52,930,923 | 42,093,580 | 3,076,751 |    31,865,179 |  7,151,649 |   10,837,343 | 11,206,632 |  9,384,731
           |             |            |           |               |            |              |            |
1970-71 ...|  57,394,951 | 46,053,585 | 3,117,895 |    35,042,590 |  7,893,100 |   11,341,366 | 13,714,330 |  9,786,240
1971-72 ...|  62,136,459 | 50,153,251 | 3,287,326 |    38,131,339 |  8,734,586 |   11,983,208 | 15,180,934 | 10,291,095
1972-73 ...|  66,814,103 | 53,814,596 | 3,492,611 |    40,808,481 |  9,513,503 |   12,999,507 | 15,099,840 | 10,823,595
1973-74 ...|  71,305,817 | 58,002,777 | 3,888,372 |    43,701,491 | 10,412,914 |   13,303,040 | 13,168,076 | 11,400,916
1974-75 ...|  75,585,674 | 62,183,078 | 4,210,901 |    46,453,642 | 11,518,536 |   13,402,596 | 14,364,545 | 12,413,420
           |             |            |           |               |            |              |            |
1975-76 ...|  80,300,595 | 66,348,304 | 4,345,232 |    49,349,224 | 12,653,847 |   13,952,291 | 15,488,265 | 12,687,015
1976-77 ...|  85,486,550 | 70,739,427 | 4,444,927 |    52,384,393 | 13,910,107 |   14,747,123 | 16,304,553 | 13,068,341
1977-78 ...|  90,337,044 | 74,770,804 | 4,621,071 |    55,188,603 | 14,961,131 |   15,566,240 | 16,840,129 | 13,437,861
1978-79 ...|  95,442,468 | 78,637,991 | 4,824,250 |    57,563,005 | 16,250,737 |   16,804,477 | 18,158,634 | 13,712,648
1979-80 ...| 102,294,859 | 83,733,387 | 5,037,172 |    60,847,097 | 17,849,119 |   18,561,472 | 20,743,045 | 14,181,991
           |             |            |           |               |            |              |            |
1980-81 ...| 109,701,242 | 88,760,567 | 5,212,453 |    64,158,017 | 19,390,097 |   20,940,675 | 23,465,001 | 14,794,669
1981-82 ...| 117,601,954 | 94,516,512 | 5,402,339 |    67,794,877 | 21,319,297 |   23,085,442 | 24,415,245 | 15,487,618
1982-83 ...| 127,345,302 |100,992,841 | 5,889,080 |    71,519,718 | 23,584,042 |   26,352,461 | 32,691,133 | 16,749,900
1983-84 ...| 137,141,741 |107,640,113 | 6,109,746 |    75,220,765 | 26,309,602 |   29,501,629 | 32,975,610 | 18,277,315
1984-85 ...| 148,163,096 |114,763,986 | 6,236,159 |    79,133,998 | 29,393,829 |   33,399,110 | 39,916,361 | 22,105,712
           |             |            |           |               |            |              |            |
1985-86 ...| 160,959,517 |122,261,355 | 6,573,923 |    82,886,012 | 32,801,419 |   38,698,162 | 50,280,775 | 25,699,408
1986-87 ...|         --- |126,426,171 | 7,165,445 |    84,838,657 | 34,422,069 |          --- | 56,585,153 |        ---
1987-88 ...|         --- |139,456,342 | 8,307,789 |    92,428,615 | 38,719,937 |          --- | 57,391,814 |        ---
1988-89 ...|         --- |158,693,085 | 9,462,095 |   104,743,145 | 44,487,845 |          --- | 64,155,247 |        ---
1989-90 ...|         --- |164,635,000 | 9,968,000 |   108,609,000 | 46,058,000 |          --- | 67,978,726 |        ---
           |             |            |           |               |            |              |            |
1990-91 ...|         --- |178,084,000 |10,028,000 |   117,683,000 | 50,373,000 |          --- | 72,048,579 |        ---
1991-92 ...|         --- |184,813,238 |10,528,395 |   122,422,566 | 51,862,277 |          --- | 82,534,026 |        ---
1992-93 ...|         --- |192,760,817 |11,006,451 |   128,436,599 | 53,317,767 |          --- | 92,239,311 |        ---
1993-94 ...|         --- |199,463,715 |11,197,662 |   133,124,680 | 55,141,373 |          --- | 96,012,591 |        ---
1994-95 ...|         --- |212,201,113 |11,710,436 |   142,553,837 | 57,936,840 |          --- |109,706,704 |        ---
1995-96\4\ |         --- |220,400,104 |11,407,020 |   150,458,886 | 58,534,198 |          --- |128,837,030 |        ---
___________|_____________|____________|___________|_______________|____________|______________|____________|____________

\1\Includes funds functioning as endowment.
\2\Includes annuity funds.
\3\Includes improvements to land and equipment. These funds are included under appropriate categories after 1967-68.
\4\Data are for 4-year and 2-year degree-granting institutions that were eligible to participate in Title IV federal financial aid programs.
---Data not available.

NOTE.--Because of rounding, details may not add to totals.

SOURCE: U.S. Department of Education, National Center for Education Statistics, Higher Education General Information Survey (HEGIS), "Financial Statistics of Institutions of Higher Education" surveys; and Integrated Postsecondary Education Data System (IPEDS), "Finance" surveys. (This table was prepared November 1998.)

1999 Tables and Figures

All Years of Tables and Figures

Most Recent Full Issue of the Digest