Section 7. Expenditures of Public Degree-Granting Institutions: Public Institutions
Figure L. Actual and middle alternative projected numbers for current-fund expenditures in public degree-granting institutions: Selected years, 198889 to 201314
NOTE: Data were placed in constant
200203 dollars using the Consumer Price Index for
all urban consumers (BLS, U.S. Dept. of Labor).
SOURCE: U.S. Dept. of Education, NCES: Integrated Postsecondary
Edu-cation Data System (IPEDS), Finance Survey, various
years; and Expend-itures in Degree-Granting Institutions
Model. (See reference tables 36 and 38.)
Between 200001 and 201314, increases are expected in the current-fund expenditures of public degree-granting institutions (figure L; reference figure 36 and tables 36 and 38).
Current-fund expenditures
Current-fund expenditures in constant 200203 dollars of 4-year and 2-year degree-granting institutions combined increased 49 percent from 198889 to 200001.
From 200001 to 201314, current-fund expenditures in constant 200203 dollars are projected to increase
- 54 percent, to $273 billion, in the middle alternative projections;
- 44 percent, to $255 billion, in the low alternative projections; and
- 67 percent, to $296 billion, in the high alternative projections.
Projections for public institutions only
Projections are presented for public institutions only. This is because private institutions began using a new accounting model to report financial data beginning with data for 199697, and there are not yet enough data to produce projections with the new accounting model. The new model measures economic changes, while the old model measured financial flows. Also, the terms current-fund expenditures and educational and general expenditures are not used in the new accounting model for private institutions.