Current expenditures are projected to increase at a faster rate than current expenditures per pupil over the next ten years. From 1997 to 2007, current expenditures are expected to increase by 22 percent, from $280 billion to $341 billion. During the same period, current expenditures per pupil are projected to increase by 15 percent, from $6,600 to $7,600 per pupil in 2007 (in 1997-98 constant dollars).
Rising enrollment is expected to moderate current expenditure per student. The influx of the baby boom echo students will cause the amount spent per pupil to rise more slowly than total current expenditures.
SOURCE: U.S. Department of Education, National Center for Education Statistics Projections of Educational Statistics to 2007.
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