Table 47.-Educational and general expenditures of public and private institutions of higher education, with alternative projections: 1984-85 to 2009-10
Year Ending
Constant 1998-1999 dollars (in billions)1
Current dollars (in billions)
Total
Public
Private
Total
Public
Private
1985
$109.0
$73.0
$36.1
$70.1
$46.9
$23.2
1986
115.1
76.9
38.2
76.1
50.9
25.3
1987
122.7
80.4
42.3
83.0
54.4
28.6
1988
126.6
83.3
43.3
89.2
58.6
30.5
1989
131.5
86.2
45.3
96.8
63.4
33.4
1990
136.9
89.7
47.2
105.6
69.2
36.4
1991
140.3
91.4
48.8
114.1
74.4
39.7
1992
144.8
93.5
51.2
121.6
78.6
43.0
1993
149.0
96.1
52.9
129.0
83.2
45.8
1994
153.1
98.1
55.0
136.0
87.1
48.9
1995
157.7
100.8
56.9
144.2
92.2
52.0
1996
160.7
102.2
58.5
150.9
96.0
55.0
Middle alternative projections
1997
165.2
104.9
60.3
159.5
101.3
58.2
1998
170.4
107.7
62.8
167.5
105.8
61.7
1999
176.5
111.7
64.8
176.5
111.7
64.8
2000
182.0
116.1
65.9
186.5
119.0
67.5
2001
188.3
120.2
68.1
197.1
125.8
71.3
2002
193.6
123.7
69.9
207.5
132.5
74.9
2003
198.0
126.6
71.4
217.7
139.2
78.5
2004
203.1
129.9
73.1
229.2
146.6
82.6
2005
208.9
133.7
75.1
(2)
(2)
(2)
2006
215.2
137.9
77.4
(2)
(2)
(2)
2007
222.0
142.3
79.7
(2)
(2)
(2)
2008
228.5
146.5
82.0
(2)
(2)
(2)
2009
235.0
150.7
84.3
(2)
(2)
(2)
2010
241.4
154.8
86.6
(2)
(2)
(2)
Low alternative projections
1997
165.2
104.9
60.3
159.5
101.3
58.2
1998
170.4
107.7
62.8
167.5
105.8
61.7
1999
176.5
111.7
64.8
176.5
111.7
64.8
2000
182.0
116.1
65.9
186.5
119.0
67.5
2001
188.1
120.2
68.0
197.2
125.9
71.2
2002
192.5
123.1
69.3
206.8
132.3
74.5
2003
195.6
125.1
70.5
215.7
138.0
77.7
2004
199.7
127.7
72.0
225.8
144.3
81.4
2005
204.8
130.9
73.9
(2)
(2)
(2)
2006
210.1
134.2
75.9
(2)
(2)
(2)
2007
215.9
137.9
78.0
(2)
(2)
(2)
2008
221.6
141.5
80.1
(2)
(2)
(2)
2009
227.1
144.9
82.2
(2)
(2)
(2)
2010
232.8
148.4
84.3
(2)
(2)
(2)
High alternative projections
1997
165.2
104.9
60.3
159.5
101.3
58.2
1998
170.4
107.7
62.8
167.5
105.8
61.7
1999
176.5
111.7
64.8
176.5
111.7
64.8
2000
182.0
116.1
65.9
186.5
119.0
67.5
2001
188.5
120.2
68.3
197.2
125.7
71.5
2002
194.7
124.0
70.7
207.6
132.2
75.4
2003
200.4
127.5
72.9
217.4
138.3
79.1
2004
207.1
131.5
75.6
228.0
144.8
83.2
2005
214.8
136.3
78.5
(2)
(2)
(2)
2006
223.1
141.4
81.7
(2)
(2)
(2)
2007
231.9
146.9
85.0
(2)
(2)
(2)
2008
240.2
152.2
88.0
(2)
(2)
(2)
2009
248.3
157.4
90.9
(2)
(2)
(2)
2010
255.9
162.4
93.5
(2)
(2)
(2)
1Based on the Consumer Price Index for all urban consumers, Bureau of Labor Statistics, U.S. Department of Labor. 2Projections in current dollars are not shown after 2004 due to the uncertain behavior of inflation over the long term. 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, "Financial Statistics of Institutions of Higher Education,'' and "Fall Enrollment in Colleges and Universities'' surveys; Higher Education Enrollment Model; and Higher Education Expenditure Models. (This table was prepared March 2000.)