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Projections of Education Statistics to 2021

NCES 2013-008
January 2013


Table B-6.  Actual and projected macroeconomic measures of the economy: School years 1996–97 through 2021–22
School year Disposable income
per capita in constant
2010–11 dollars1

Education revenue
receipts from state
sources per capita in
constant 2010–11 dollars2

Consumer
Price Index3
Actual      
1996–97 $29,062 $756 0.719
1997–98 30,132 790 0.732
1998–99 31,154 824 0.744
1999–2000 31,996 863 0.766
2000–01 32,824 893 0.792
2001–02 33,595 899 0.806
2002–03 33,893 904 0.824
2003–04 34,831 889 0.842
2004–05 35,349 899 0.867
2005–06 35,881 909 0.900
2006–07 36,784 956 0.923
2007–08 37,425 979 0.957
2008–09 36,889 937 0.971
2009–10 36,197 914 0.981
2010–114 36,814 931 1.000
Projected      
2011–12 36,652 924 1.026
2012–13 36,937 929 1.041
2013–14 37,263 935 1.062
2014–15 38,098 957 1.084
2015–16 38,863 977 1.104
2016–17 39,525 994 1.125
2017–18 40,189 1,010 1.145
2018–19 40,825 1,026 1.165
2019–20 41,540 1,044 1.184
2020–21 42,224 1,062 1.205
2021–22 42,553 1,071 1.225
1Based on the price deflator for personal consumption expenditures, Bureau of Labor Statistics, U.S. Department of Labor.
2Based on the Consumer Price Index (CPI) for all urban consumers, Bureau of Labor Statistics, U.S. Department of Labor.
3Consumer Price Index adjusted to a school-year basis (July through June).
4Education revenue receipts from state sources per capita is a projection.
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,” 1996–97 through 2008–09; Revenue Receipts From State Sources Model, 1971–72 through 2009–10; and IHS Global Insight, "U.S. Monthly Model: January 2012 Short-Term-Projections." (This table was prepared February 2012.)

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