New Report Examines Trends in College Spending
July 9, 2010
The Delta Cost Project's report, Trends in College Spending 1998-2008: Where Does the Money Come From? Where Does It Go? What Does It Buy?, the third in its series of studies on higher education finance, reveals institutions' greater reliance on tuition revenue during economic downturns and shifts in education-related expenditures.
During the decade, for example, net tuition and fee revenue (the difference between gross revenue and institutionally funded grant aid) at public research universities increased from 17 percent of total operating revenue in FY98 to 21 percent in FY08. At the same time period, state and local appropriations fell from 33 percent to 26 percent.
In addition, institutions spent a smaller share of funds on the direct cost of instruction, a category that consists largely of faculty pay and benefits. On average, instructional costs accounted for 40 percent of the education and general expenditures of private research universities in 2008, down from 42 percent in 1998.
The Web-based Trends in College Spending (TCS) tool is based on publicly available data from the U.S. Department of Education's Integrated Postsecondary Education Data System. TCS provide access to information on finance, performance, and enrollments for individual institutions, groups of institutions, or the nation as a whole. The data are presented using six primary "metrics" developed by the Delta Cost Project: enrollment, revenue, expenditures, cost/price/subsidy, performance (based on number of degrees awarded per 100 full-time equivalent students), and spending comparisons (education and related spending and enrollment compared with expenditures).
Director, Research and Policy Analysis
- Recent Executive Orders Aimed at Pay Gaps and Overtime Expansion
- New GASB Concepts Address Measurement
- Behind the Costs of a College Degree
- 2014 Higher Education Accounting Forum
April 27-29, 2014
- ON-DEMAND: Understanding the Results of the 2013 NACUBO-Commonfund Study of Endowments, and a Look to 2014 and Beyond
- ON-DEMAND: How Behavioral Changes Helped Cut Energy Usage in Half
- ON-DEMAND: Developing a Market-Informed Approach to Tuition Pricing
- ON-DEMAND: Responsibility Center Management: The Process Necessary to Complete a Successful Implementation
- ON-DEMAND: OD: Responsibility Center Management: How Innovations Have Changed the Nature of RCM
- A Guide to College and University Budgeting: Foundations for Institutional Effectiveness, 4th ed. - by Larry Goldstein
- NACUBO's Guide to Unitizing Investment Pools - by Mary S. Wheeler
- Managing and Collecting Student Accounts and Loans - by David R. Glezerman and Dennis DeSantis