Education Costs, % GDP, 1929 to 2002

Christian Party

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Table 29.

Total expenditures of educational institutions related to the gross domestic product, by level of institution: Selected years, 1929-30 to 2001-02

________________________________________________________________________________________________
        |         |             |Total expenditures for education in millions of current dollars
        |         |             |_______________________________________________________________
        |         |             | All educational   | All elementary and |  All colleges and
        |  Gross  |             |  institutions     | secondary schools  |   universities
  Year  |domestic |   School    |___________________|____________________|______________________
        | product |    year     |          |  As a  |           |  As a  |           |   As a
        |   (in   |             |          |percent |           |percent |           | percent
        |billions)|             |  Amount  |of gross|  Amount   |of gross|  Amount   | of gross
        |         |             |          |domestic|           |domestic|           | domestic
        |         |             |          |product |           |product |           | product
________|_________|_____________|__________|________|___________|________|___________|__________
   1    |    2    |      3      |     4    |     5  |     6     |     7  |     8     |    9
________|_________|_____________|__________|________|___________|________|___________|__________
1929 ...|  $103.7 | 1929-30     |       ---|        |        ---|        |      $632 |      0.6
1939 ...|    92.0 | 1939-40     |       ---|        |        ---|        |       758 |      0.8
1949 ...|   267.7 | 1949-50     |   $8,911 |    3.3 |    $6,249 |    2.3 |     2,662 |      1.0
1959 ...|   507.4 | 1959-60     |   23,860 |    4.7 |    16,713 |    3.3 |     7,147 |      1.4
1961 ...|   545.7 | 1961-62     |   28,503 |    5.2 |    19,673 |    3.6 |     8,830 |      1.6
        |         |             |          |        |           |        |           |
1963 ...|   618.7 | 1963-64     |   34,440 |    5.6 |    22,825 |    3.7 |    11,615 |      1.9
1965 ...|   720.1 | 1965-66     |   43,682 |    6.1 |    28,048 |    3.9 |    15,634 |      2.2
1967 ...|   834.1 | 1967-68     |   55,652 |    6.7 |    35,077 |    4.2 |    20,575 |      2.5
1969 ...|   985.3 | 1969-70     |   68,459 |    6.9 |    43,183 |    4.4 |    25,276 |      2.6
1970 ...| 1,039.7 | 1970-71     |   75,741 |    7.3 |    48,200 |    4.6 |    27,541 |      2.6
        |         |             |          |        |           |        |           |
1971 ...| 1,128.6 | 1971-72     |   80,672 |    7.1 |    50,950 |    4.5 |    29,722 |      2.6
1972 ...| 1,240.4 | 1972-73     |   86,875 |    7.0 |    54,952 |    4.4 |    31,923 |      2.6
1973 ...| 1,385.5 | 1973-74     |   95,396 |    6.9 |    60,370 |    4.4 |    35,026 |      2.5
1974 ...| 1,501.0 | 1974-75     |  108,664 |    7.2 |    68,846 |    4.6 |    39,818 |      2.7
1975 ...| 1,635.2 | 1975-76     |  118,706 |    7.3 |    75,101 |    4.6 |    43,605 |      2.7
        |         |             |          |        |           |        |           |
1976 ...| 1,823.9 | 1976-77     |  126,417 |    6.9 |    79,194 |    4.3 |    47,223 |      2.6
1977 ...| 2,031.4 | 1977-78     |  137,042 |    6.7 |    86,544 |    4.3 |    50,498 |      2.5
1978 ...| 2,295.9 | 1978-79     |  148,308 |    6.5 |    93,012 |    4.1 |    55,296 |      2.4
1979 ...| 2,566.4 | 1979-80     |  165,627 |    6.5 |   103,162 |    4.0 |    62,465 |      2.4
1980 ...| 2,795.6 | 1980-81     |  182,849 |    6.5 |   112,325 |    4.0 |    70,524 |      2.5
        |         |             |          |        |           |        |           |
1981 ...| 3,131.3 | 1981-82     |  197,801 |    6.3 |   120,486 |    3.8 |    77,315 |      2.5
1982 ...| 3,259.2 | 1982-83     |  212,081 |    6.5 |   128,725 |    3.9 |    83,356 |      2.6
1983 ...| 3,534.9 | 1983-84     |  228,597 |    6.5 |   139,000 |    3.9 |    89,597 |      2.5
1984 ...| 3,932.7 | 1984-85     |  247,657 |    6.3 |   149,400 |    3.8 |    98,257 |      2.5
1985 ...| 4,213.0 | 1985-86     |  269,485 |    6.4 |   161,800 |    3.8 |   107,685 |      2.6
        |         |             |          |        |           |        |           |
1986 ...| 4,452.9 | 1986-87     |  291,974 |    6.6 |   175,200 |    3.9 |   116,774 |      2.6
1987 ...| 4,742.5 | 1987-88     |  313,375 |    6.6 |   187,999 |    4.0 |   125,376 |      2.6
1988 ...| 5,108.3 | 1988-89     |  346,883 |    6.8 |   209,377 |    4.1 |   137,506 |      2.7
1989 ...| 5,489.1 | 1989-90     |  381,525 |    7.0 |   230,970 |    4.2 |   150,555 |      2.7
1990 ...| 5,803.2 | 1990-91     |  412,652 |    7.1 |   248,930 |    4.3 |   163,722 |      2.8
        |         |             |          |        |           |        |           |
1991 ...| 5,986.2 | 1991-92     |  432,987 |    7.2 |   261,255 |    4.4 |   171,732 |      2.9
1992 ...| 6,318.9 | 1992-93     |  456,070 |    7.2 |   274,335 |    4.3 |   181,735 |      2.9
1993 ...| 6,642.3 | 1993-94     |  477,237 |    7.2 |   287,507 |    4.3 |   189,730 |      2.9
1994 ...| 7,054.3 | 1994-95     |  503,925 |    7.1 |   302,400 |    4.3 |   201,525 |      2.9
1995 ...| 7,400.5 | 1995-96     |  529,596 |    7.2 |   318,246 |    4.3 |   211,350 |      2.9
        |         |             |          |        |           |        |           |
1996 ...| 7,813.2 | 1996-97     |  562,771 |    7.2 |   339,151 |    4.3 |   223,620 |      2.9
1997 ...| 8,318.4 | 1997-98     |  594,849 |    7.2 |   361,415 |    4.3 |   233,434 |      2.8
1998 ...| 8,781.5 | 1998-99     |  634,232 |    7.2 |   384,038 |    4.4 |   250,194 |      2.8
1999 ...| 9,274.3 | 1999-2000   |  682,838 |    7.4 |   411,538 |    4.4 |   271,300 |      2.9
2000 ...| 9,824.6 | 2000-01\1\  |  737,918 |    7.5 |   442,618 |    4.5 |   295,300 |      3.0
2001 ...|10,082.2 | 2001-02\2\  |  780,100 |    7.7 |   462,700 |    4.6 |   317,400 |      3.1
________|_________|_____________|__________|________|___________|________|___________|__________

---Not available.
\1\Preliminary data for public elementary and secondary schools and estimates for colleges and universities.
\2\Estimated.

NOTE: Total expenditures for public elementary and secondary schools include current expenditures, interest on school debt, and capital outlay. Data for private elementary and secondary schools are estimated. Total expenditures for colleges and universities include current-fund expenditures and additions to plant value. Excludes expenditures of postsecondary institutions that do not confer associate or higher degrees. Data for 1995-96 and later years are for 4-year and 2-year degree-granting institutions that were eligible to participate in Title IV federal financial aid programs. Some data revised from previously published figures. Detail may not sum to totals due to rounding.

SOURCE: U.S. Department of Education, National Center for Education Statistics, Biennial Survey of Education in the United States, 1919-20 through 1949-50; Statistics of State School Systems 1951-52 through 1969-70, Revenues and Expenditure for Public Elementary and Secondary Education, 1970-71 through 1986-87; The NCES Common Core of Data (CCD), "National Public Education Financial Survey," 1987-88 through 2000-01; 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" surveys, 1986-87 through 1999-2000, and Spring 2002; and Bureau of Economic Analysis, unpublished data. (This table was prepared November 2003.)

Modified Tuesday, November 02, 2010