Table 106.20.

Expenditures of educational institutions, by level and control of institution: Selected years, 1899-1900 through 2015-16

[In millions]
School year	Current dollars										Constant 2015-16 dollars1
	Total	Elementary and secondary schools			Degree-granting postsecondary institutions						Total	Elementary and secondary schools		Degree- granting postsecondary institutions
		Total	Public	Private2	Total		Public		Private			Total	Public
1	2	3	4	5	6		7			8	9	10	11	12
1899-1900	—	—	$215	—	—		—		—		—	—	—	—
1909-10	—	—	426	—	—		—		—		—	—	—	—
1919-20	—	—	1,036	—	—		—		—		—	—	$12,955	—
1929-30	—	—	2,317	—	$632		$292		$341		—	—	32,251	$8,801
1939-40	—	—	2,344	—	758		392		367		—	—	39,966	12,932
1949-50	$8,494	$6,249	5,838	$411	2,246		1,154		1,092		$85,462	$62,868	58,733	22,594
1959-60	22,314	16,713	15,613	1,100	5,601		3,131		2,470		180,951	135,533	126,613	45,418
1969-70	64,227	43,183	40,683	2,500	21,043		13,250		7,794		405,126	272,391	256,622	132,735
1970-71	71,575	48,200	45,500	2,700	23,375		14,996		8,379		429,317	289,109	272,914	140,208
1971-72	76,510	50,950	48,050	2,900	25,560		16,484		9,075		443,025	295,024	278,232	148,001
1972-73	82,908	54,952	51,852	3,100	27,956		18,204		9,752		461,478	305,873	288,618	155,605
1973-74	91,084	60,370	56,970	3,400	30,714		20,336		10,377		465,482	308,521	291,146	156,961
1974-75	103,903	68,846	64,846	4,000	35,058		23,490		11,568		478,022	316,735	298,332	161,287
1975-76	114,004	75,101	70,601	4,500	38,903		26,184		12,719		489,819	322,671	303,336	167,148
1976-77	121,793	79,194	74,194	5,000	42,600		28,635		13,965		494,453	321,508	301,209	172,945
1977-78	132,515	86,544	80,844	5,700	45,971		30,725		15,246		504,130	329,242	307,558	174,888
1978-79	143,733	93,012	86,712	6,300	50,721		33,733		16,988		499,971	323,539	301,625	176,432
1979-80	160,075	103,162	95,962	7,200	56,914		37,768		19,146		491,313	316,630	294,531	174,683
1980-81	176,378	112,325	104,125	8,200	64,053		42,280		21,773		485,156	308,968	286,413	176,188
1981-82	190,825	120,486	111,186	9,300	70,339		46,219		24,120		483,159	305,064	281,517	178,095
1982-83	204,661	128,725	118,425	10,300	75,936		49,573		26,363		496,849	312,502	287,497	184,347
1983-84	220,993	139,000	127,500	11,500	81,993		53,087		28,907		517,350	325,402	298,480	191,948
1984-85	239,351	149,400	137,000	12,400	89,951		58,315		31,637		539,220	336,574	308,639	202,646
1985-86	259,336	161,800	148,600	13,200	97,536		63,194		34,342		567,866	354,293	325,389	213,573
1986-87	280,964	175,200	160,900	14,300	105,764		67,654		38,110		601,862	375,302	344,669	226,560
1987-88	301,786	187,999	172,699	15,300	113,787		72,641		41,145		620,746	386,696	355,225	234,050
1988-89	333,245	209,377	192,977	16,400	123,867		78,946		44,922		655,193	411,658	379,414	243,536
1989-90	365,825	231,170	212,770	18,400	134,656		85,771		48,885		686,492	433,803	399,275	252,689
1990-91	395,318	249,230	229,430	19,800	146,088		92,961		53,127		703,381	443,450	408,220	259,931
1991-92	417,944	261,755	241,055	20,700	156,189		98,847		57,342		720,552	451,275	415,588	269,276
1992-93	439,676	274,435	252,935	21,500	165,241		104,570		60,671		735,059	458,805	422,861	276,253
1993-94	460,757	287,407	265,307	22,100	173,351		109,310		64,041		750,852	468,359	432,345	282,493
1994-95	485,169	302,200	279,000	23,200	182,969		115,465		67,504		768,603	478,745	441,992	289,858
1995-96	508,523	318,046	293,646	24,400	190,476		119,525		70,952		784,264	490,504	452,873	293,760
1996-97	538,854	338,951	313,151	25,800	199,903	2	125,978		73,925	2	807,989	508,243	469,557	299,746	2
1997-98	570,471	361,615	334,315	27,300	208,856	2	132,846		76,010	2	840,410	532,726	492,508	307,684	2
1998-99	603,847	384,638	355,838	28,800	219,209		140,539		78,670		874,440	557,000	515,295	317,440
1999-2000	649,322	412,538	381,838	30,700	236,784		152,325		84,459		913,912	580,641	537,432	333,270
2000-01	705,017	444,811	410,811	34,000	260,206		170,345		89,861		959,430	605,327	559,057	354,104
2001-02	752,780	472,064	435,364	36,700	280,715		183,436		97,280		1,006,607	631,238	582,164	375,369
2002-03	795,691	492,807	454,907	37,900	302,884		197,026		105,858		1,041,108	644,805	595,215	396,304
2003-04	830,293	513,542	474,242	39,300	316,751		205,069		111,682		1,063,124	657,549	607,229	405,574
2004-05	875,988	540,969	499,569	41,400	335,019		215,794		119,225		1,088,866	672,432	620,971	416,434
2005-06	925,246	571,669	528,269	43,400	353,577		226,550		127,027		1,107,903	684,525	632,557	423,378
2006-07	984,034	608,495	562,195	46,300	375,539		238,829		136,710		1,148,594	710,253	656,211	438,340
2007-08	1,054,904	646,414	597,314	49,100	408,490		261,046		147,444		1,187,321	727,555	672,292	459,766
2008-09	1,089,683	658,926	610,326	48,600	430,757		273,019		157,739		1,209,577	731,425	677,478	478,152
2009-10	1,100,897	654,418	607,018	47,400	446,479		281,390		165,088		1,210,314	719,460	667,349	490,854
2010-11	1,124,352	652,356	604,356	48,000	471,997		296,863		175,134		1,211,768	703,075	651,343	508,693
2011-12	1,136,876	648,794	601,994	46,800	488,083		305,538		182,545		1,190,387	679,331	630,328	511,056
2012-13	1,153,674	654,813	606,813	48,000	498,861		311,421		187,439		1,188,202	674,411	624,974	513,791
2013-14	1,193,083	676,016	625,016	51,000	517,067		323,893		193,174		1,209,890	685,539	633,821	524,351
2014-153	1,225,000	689,000	638,000	51,000	536,000		336,000		200,000		1,233,000	694,000	642,000	540,000
2015-164	1,254,000	707,000	655,000	52,000	548,000		344,000		204,000		1,254,000	707,000	655,000	548,000

—Not available.

1 Constant dollars based on the Consumer Price Index, prepared by the Bureau of Labor Statistics, U.S. Department of Labor, adjusted to a school-year basis.

2 Estimated by the National Center for Education Statistics based on enrollment data for the given year and actual expenditures for prior years.

3 Data for elementary and secondary education are estimated; data for degree-granting institutions are actual.

4 Estimated by the National Center for Education Statistics based on teacher and enrollment data, and actual expenditures for prior years.

NOTE: Total expenditures for public elementary and secondary schools include current expenditures, interest on school debt, and capital outlay. Expenditures for public and private colleges and universities in 1929-30 and 1939-40 include current-fund expenditures and additions to plant value. Public and private degree-granting institutions data for 1949-50 through 1995-96 are for current-fund expenditures. Data for private degree-granting institutions for 1996-97 and later years are for total expenditures. Data for public degree-granting institutions for 1996-97 through 2000-01 are for current expenditures; data for later years are for total expenditures. Postsecondary data through 1995-96 are for institutions of higher education, while later data are for degree-granting institutions. Degree-granting institutions grant associate’s or higher degrees and participate in Title IV federal financial aid programs. The degree-granting classification is very similar to the earlier higher education classification, but it includes more 2-year colleges and excludes a few higher education institutions that did not grant degrees. Some data have been revised from previously published figures. 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 1949-50; Statistics of State School Systems, 1959-60 and 1969-70; Revenues and Expenditures for Public Elementary and Secondary Education, 1970-71 through 1986-87; Common Core of Data (CCD), "National Public Education Financial Survey," 1987-88 through 2013-14; Higher Education General Information Survey (HEGIS), Financial Statistics of Institutions of Higher Education, 1965-66 through 1985-86; Integrated Postsecondary Education Data System (IPEDS), "Finance Survey," (IPEDS-F:FY87-99); IPEDS Spring 2001 through Spring 2016, Finance component; and unpublished tabulations. (This table was prepared May 2017.)