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Projections of Education Statistics to 2020

NCES 2011-026
September 2011


Table B-6.  Actual and projected macroeconomic measures of the economy: School years 1995–96 through 2020–21

School year Disposable income
per capita in constant
2008–09 dollars1
Education revenue
receipts from state
sources per capita in
constant 2008–09 dollars2
Consumer
Price Index3
       
Actual      
1995–96 $27,616 $712 0.720
1996–97 28,233 733 0.740
1997–98 29,272 766 0.754
1998–99 30,265 800 0.767
1999–2000 31,083 838 0.789
2000–01 31,886 866 0.816
2001–02 32,623 872 0.830
2002–03 32,905 877 0.849
2003–04 33,807 862 0.867
2004–05 34,300 872 0.893
2005–06 34,810 882 0.927
2006–07 35,679 927 0.951
2007–08 36,094 949 0.986
2008–09      
Projected 35,999 934 1.000
2009–104 35,911 924 1.010
2010–11 36,150 925 1.023
2011–12 36,201 921 1.041
2012–13 36,250 919 1.062
2013–14 36,626 926 1.084
2014–15 37,576 951 1.108
2015–16 38,490 976 1.132
2016–17 39,375 1,000 1.156
2017–18 40,116 1,019 1.180
2018–19 40,843 1,038 1.205
2019–20 41,647 1,060 1.228
2020–21 42,218 1,075 1.246
1 Based on the price deflator for personal consumption expenditures, Bureau of Labor Statistics, U.S. Department of Labor.
2 Based on the Consumer Price Index for all urban consumers, Bureau of Labor Statistics, U.S. Department of Labor.
3 Consumer Price Index adjusted to a school-year basis (July through June).
4 Disposable income per capita and consumer price index numbers are actual numbers.
NOTE: Calculations were made using unrounded numbers. Some data have been revised from previously published figures.
SOURCE: U.S. Department of Education, National Center for Education Statistics, Common Core of Data (CCD), “National Public Education Financial Survey,” 1995–96 through 2007–08; Revenue Receipts From State Sources Model, 1971–72 through 2007–08; and IHS Global Insight, "U.S. Monthly Model: November 2010 Short-Term-Projections." (This table was prepared January 2011.)

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