Table 106.20.

Expenditures of educational institutions, by level and control of institution: Selected years, 1899-1900 through 2020-21

[In millions]
School year	Current dollars													Constant 2020-21 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		---		---		---		---		---	---		$14,307		---
1929-30	---	---		2,317		---		$632		$292		$341		---	---		35,618		$9,720
1939-40	---	---		2,344		---		758		392		367		---	---		44,139		14,282
1949-50	$8,494	$6,249		5,838		$411		2,246		1,154		1,092		$94,384	$69,431		64,864		24,952
1959-60	22,314	16,713		15,613		1,100		5,601		3,131		2,470		199,842	149,682		139,831		50,160
1969-70	64,227	43,183		40,683		2,500		21,043		13,250		7,794		447,420	300,828		283,412		146,592
1970-71	71,575	48,200		45,500		2,700		23,375		14,996		8,379		474,136	319,291		301,406		154,845
1971-72	76,510	50,950		48,050		2,900		25,560		16,484		9,075		489,274	325,823		307,278		163,451
1972-73	82,908	54,952		51,852		3,100		27,956		18,204		9,752		509,655	337,805		318,748		171,850
1973-74	91,084	60,370		56,970		3,400		30,714		20,336		10,377		514,077	340,730		321,540		173,347
1974-75	103,903	68,846		64,846		4,000		35,058		23,490		11,568		527,925	349,800		329,477		178,125
1975-76	114,004	75,101		70,601		4,500		38,903		26,184		12,719		540,954	356,356		335,003		184,598
1976-77	121,793	79,194		74,194		5,000		42,600		28,635		13,965		546,072	355,072		332,654		191,000
1977-78	132,515	86,544		80,844		5,700		45,971		30,725		15,246		556,759	363,614		339,666		193,145
1978-79	143,733	93,012		86,712		6,300		50,721		33,733		16,988		552,166	357,315		333,113		194,851
1979-80	160,075	103,162		95,962		7,200		56,914		37,768		19,146		542,603	349,685		325,279		192,919
1980-81	176,378	112,325		104,125		8,200		64,053		42,280		21,773		535,804	341,223		316,313		194,581
1981-82	190,825	120,486		111,186		9,300		70,339		46,219		24,120		533,599	336,911		310,906		196,688
1982-83	204,661	128,725		118,425		10,300		75,936		49,573		26,363		548,718	345,126		317,511		203,592
1983-84	220,993	139,000		127,500		11,500		81,993		53,087		28,907		571,359	359,372		329,640		211,987
1984-85	239,351	149,400		137,000		12,400		89,951		58,315		31,637		595,512	371,711		340,860		223,801
1985-86	259,336	161,800		148,600		13,200		97,536		63,194		34,342		627,149	391,279		359,358		235,870
1986-87	280,964	175,200		160,900		14,300		105,764		67,654		38,110		664,693	414,482		380,651		250,212
1987-88	301,786	187,999		172,699		15,300		113,787		72,641		41,145		685,549	427,065		392,309		258,484
1988-89	333,245	209,377		192,977		16,400		123,867		78,946		44,922		723,593	454,633		419,023		268,960
1989-90	365,825	231,170		212,770		18,400		134,656		85,771		48,885		758,159	479,090		440,957		279,069
1990-91	395,318	249,230		229,430		19,800		146,088		92,961		53,127		776,811	489,744		450,836		287,067
1991-92	417,944	261,755		241,055		20,700		156,189		98,847		57,342		795,774	498,387		458,973		297,388
1992-93	439,676	274,435		252,935		21,500		165,241		104,570		60,671		811,796	506,703		467,006		305,093
1993-94	460,757	287,407		265,307		22,100		173,351		109,310		64,041		829,238	517,254		477,480		311,984
1994-95	485,169	302,200		279,000		23,200		182,969		115,465		67,504		848,842	528,724		488,134		320,118
1995-96	508,523	318,046		293,646		24,400		190,476		119,525		70,952		866,138	541,710		500,151		324,427
1996-97	538,854	338,951		313,151		25,800		199,903	2	125,978		73,925	2	892,340	561,302		518,577		331,038	2
1997-98	570,471	361,615		334,315		27,300		208,856	2	132,846		76,010	2	928,145	588,340		543,924		339,805	2
1998-99	603,847	384,638		355,838		28,800		219,209		140,539		78,670		965,728	615,149		569,089		350,579
1999-2000	649,322	412,538		381,838		30,700		236,784		152,325		84,459		1,009,320	641,258		593,537		368,062
2000-01	705,017	444,811		410,811		34,000		260,206		170,345		89,861		1,059,591	668,520		617,420		391,071
2001-02	752,780	472,064		435,364		36,700		280,715		183,436		97,280		1,111,693	697,137		642,939		414,556
2002-03	795,691	492,807		454,907		37,900		302,884		197,026		105,858		1,149,795	712,119		657,353		437,676
2003-04	830,293	513,542		474,242		39,300		316,751		205,069		111,682		1,174,109	726,194		670,621		447,915
2004-05	875,988	540,969		499,569		41,400		335,019		215,794		119,225		1,202,539	742,631		685,798		459,907
2005-06	925,249	571,669		528,269		43,400		353,580		226,550		127,030		1,223,568	755,986		698,593		467,581
2006-07	984,048	608,495		562,195		46,300		375,553		238,829		136,724		1,268,520	784,401		724,716		484,120
2007-08	1,054,901	646,414		597,314		49,100		408,487		261,046		147,441		1,311,269	803,509		742,476		507,760
2008-09	1,089,683	658,926		610,326		48,600		430,757		273,019		157,739		1,335,852	807,783		748,204		528,069
2009-10	1,100,897	654,418		607,018		47,400		446,479		281,390		165,088		1,336,665	794,569		737,017		542,097
2010-11	1,124,352	652,356		604,356		48,000		471,997		296,863		175,134		1,338,272	776,473		719,341		561,799
2011-12	1,136,876	648,794		601,994		46,800		488,083		305,538		182,545		1,314,658	750,250		696,132		564,408
2012-13	1,153,874	655,013		606,813		48,200		498,861		311,421		187,439		1,312,472	745,044		690,219		567,428
2013-14	1,192,886	675,818		625,018		50,800		517,067		323,893		193,174		1,335,976	756,885		699,991		579,091
2014-15	1,241,626	706,135		651,135		55,000		535,491		335,630		199,861		1,380,511	785,122		723,969		595,389
2015-16	1,296,371	736,905		677,605		59,300		559,466		354,776		204,690		1,431,725	813,845		748,354		617,880
2016-17	1,352,197	768,623		706,823		61,800		583,574		371,705		211,869		1,466,405	833,541		766,522		632,864
2017-18	1,404,579	798,976		734,876		64,100		605,603		386,707		218,896		1,489,632	847,357		779,376		642,275
2018-19	1,468,448	836,039		769,039		67,000		632,409		401,140		231,268		1,525,749	868,663		799,048		657,086
2019-20	1,521,000	866,000	3	797,000	3	69,000	3	655,730		420,190		235,540		1,556,000	886,000	3	815,000	3	671,000
2020-213	1,538,000	876,000		807,000		69,000		662,000		417,000		245,000		1,538,000	876,000		807,000		662,000

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

NOTE: Data in this table represent the 50 states and the District of Columbia. 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. 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 2018-19; 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 2021, Finance component; and unpublished tabulations. (This table was prepared April 2022.)