Skip Navigation
Digest of Education Statistics
2004 Tables and Figures All Years of Tables and Figures Most Recent Full Issue of the Digest


Table 358. Value of property and liabilities of degree-granting institutions: Selected years, 1899-1900 to 1995-96
[In thousands]

__________________________________________________________________________________________________________________
               |                          Property value at end of year                   |           |
               |__________________________________________________________________________| Endowment |Liabilities
Year           |           |                Physical plant value            |   Endowment |   (end of |  of plant
               |     Total |________________________________________________|       (book |year market|     funds
               |           |     Total |     Land |    Buildings |Equipment |   value)\1\ | value)\1\ |
_______________|___________|___________|__________|______________|__________|_____________|___________|___________
1              |         2 |         3 |        4 |            5 |        6 |           7 |         8 |         9
_______________|___________|___________|__________|______________|__________|_____________|___________|___________
Institutions of|           |           |          |              |          |             |           |
   higher      |           |           |          |              |          |             |           |
   education   |           |           |          |              |          |             |           |
               |           |           |          |              |          |             |           |
1899-1900 .....|   $253,599|   $253,599|      --- |          --- |      --- |\2\  $194,998|       --- |       ---
1909-10 .......|    457,594|    457,594|   $92,359|      $297,153|   $68,082|\2\   323,661|       --- |       ---
1919-20 .......|    747,333|    747,333|   128,922|       495,920|   122,491|\2\   569,071|       --- |       ---
1929-30 .......|  2,065,049|  2,065,049|   304,114|     1,490,014|   270,921|\2\ 1,372,068|       --- |       ---
1935-36 .......|  2,359,418|  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 .......|  2,759,261|  2,759,261|      --- |          --- |      --- |\2\ 1,766,664|       --- |       ---
1947-48 .......|  6,076,212|  3,691,725|      --- |          --- |      --- |    2,384,487|       --- |       ---
1949-50 .......|  4,799,964|  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|       ---
               |           |           |          |              |          |             |           |
Degree-granting|           |           |          |              |          |             |           |
   institutions|           |           |          |              |          |             |           |
               |           |           |          |              |          |             |           |
1995-96 .......|       --- |220,400,104|11,407,020|   150,458,886|58,534,198|         --- |128,837,030|       ---
_______________|___________|___________|__________|______________|__________|_____________|___________|___________

---Not available.
\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.

NOTE: Institutions of higher education were accredited by an agency or association that was recognized by the U.S. Department of Education, or recognized directly by the Secretary of Education. The new degree-granting classification is very similar to the earlier higher education classification, except that it includes some additional institutions, primarily 2-year colleges, and excludes a few higher education institutions that did not award associate's or higher degrees. (See Guide to Sources for details.) Detail may not sum to totals because of rounding.

SOURCE: U.S. Department of Education, National Center for Education Statistics, Annual Report of the Commissioner of Education, 1899-1900 and 1909-10; Biennial Survey of Education in the United States, 1919-20 through 1963-64; Higher Education General Information Survey (HEGIS), "Financial Statistics of Institutions of Higher Education" surveys, 1965-66 through 1985-86; and 1986-87 through 1995-96 Integrated Postsecondary Education Data System, "Finance Survey" (IPEDS-F:FY87-96). (This table was prepared November 1998.)