_________________________________________________________________________________________ | | | Total expenditures for education (amounts in millions) | | |-------------------------------------------------------- | | | All educational |All elementary and| All colleges and Year | Gross | School | institutions | secondary schools| universities | domestic | year |------------------|------------------|------------------ | product | | | As a | | As a | | As a |(in billions)| | |percent | |percent | |percent | | | Amount |of gross| Amount |of gross| Amount |of gross | | | |domestic| |domestic| |domestic | | | |product | |product | |product --------|-------------|---------|---------|--------|---------|--------|---------|-------- 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 --------|-------------|---------|---------|--------|---------|--------|---------|-------- 1959 ...| $494.2 | 1959-60 | $23,860 | 4.8 | $16,713 | 3.4 | $7,147 | 1.4 1969 ...| 959.5 | 1969-70 | 68,459 | 7.1 | 43,183 | 4.5 | 25,276 | 2.6 1970 ...| 1,010.7 | 1970-71 | 75,741 | 7.5 | 48,200 | 4.8 | 27,541 | 2.7 1971 ...| 1,097.2 | 1971-72 | 80,672 | 7.4 | 50,950 | 4.6 | 29,722 | 2.7 1972 ...| 1,207.0 | 1972-73 | 86,875 | 7.2 | 54,952 | 4.6 | 31,923 | 2.6 1973 ...| 1,349.6 | 1973-74 | 95,396 | 7.1 | 60,370 | 4.5 | 35,026 | 2.6 | | | | | | | | 1974 ...| 1,458.6 | 1974-75 | 108,664 | 7.4 | 68,846 | 4.7 | 39,818 | 2.7 1975 ...| 1,585.9 | 1975-76 | 118,706 | 7.5 | 75,101 | 4.7 | 43,605 | 2.7 1976 ...| 1,768.4 | 1976-77 | 126,417 | 7.1 | 79,194 | 4.5 | 47,223 | 2.7 1977 ...| 1,974.1 | 1977-78 | 137,042 | 6.9 | 86,544 | 4.4 | 50,498 | 2.6 1978 ...| 2,232.7 | 1978-79 | 148,308 | 6.6 | 93,012 | 4.2 | 55,296 | 2.5 | | | | | | | | 1979 ...| 2,488.6 | 1979-80 | 165,627 | 6.7 | 103,162 | 4.1 | 62,465 | 2.5 1980 ...| 2,708.0 | 1980-81 | 182,849 | 6.8 | 112,325 | 4.1 | 70,524 | 2.6 1981 ...| 3,030.6 | 1981-82 | 197,801 | 6.5 | 120,486 | 4.0 | 77,315 | 2.6 1982 ...| 3,149.6 | 1902-83 | 212,081 | 6.7 | 128,725 | 4.1 | 83,356 | 2.6 1983 ...| 3,405.0 | 1983-84 | 228,597 | 6.7 | 139,000 | 4.1 | 89,597 | 2.6 | | | | | | | | 1984 ...| 3,777.2 | 1984-85 | 247,657 | 6.6 | 149,400 | 4.0 | 98,257 | 2.6 1985 ...| 4,038.7 | 1985-86 | 269,485 | 6.7 | 161,800 | 4.0 | 107,685 | 2.7 1986 ...| 4,268.6 | 1986-87 | 291,974 | 6.8 | 175,200 | 4.1 | 116,774 | 2.7 1987 ...| 4,539.9 | 1987-88 | 313,375 | 6.9 | 187,999 | 4.1 | 125,376 | 2.8 1988 ...| 4,900.4 | 1988-89 | 346,883 | 7.1 | 209,377 | 4.3 | 137,506 | 2.8 | | | | | | | | 1989 ...| 5,250.8 | 1989-90 | 382,062 | 7.3 | 230,300 | 4.4 | 151,762 | 2.9 1990 ...| 5,546.1 | 1990-91 | 414,690 | 7.5 | 248,930 | 4.5 | 165,760 | 3.0 1991 ...| 5,722.9 | 1991-92 | 438,971 | 7.7 | 261,767 | 4.6 | 177,204 | 3.1 1992 ...| 6,038.5 |1992-93*1| 462,700 | 7.7 | 275,300 | 4.6 | 187,400 | 3.1 1993 ...| 6,377.9 |1993-94*1| 484,000 | 7.6 | 285,400 | 4.5 | 198,600 | 3.1 -----------------------------------------------------------------------------------------
*1Estimated
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 noncollegiate postsecondary institutions. Because of rounding, details may not add to totals.
SOURCE: U.S. Department of Education, National Center for Education Statistics,Digest of Education Statistics, 1994; and Council of Economic Advisers, Economic Indicators.
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