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The New Business of Education - Extras

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U.S. Education Spending Table

Trace Urdan of Signal Hill, who is interviewed in the NBR special "The New Business of Education," puts a $900+ billion figure on annual education spending in the U.S. He made his estimate using data from Eduventures, the U.S. Department of Education, Training magazine, Aberdeen Group, Signal Hill, and various company reports. Here's a table detailing the education spending estimates.

U.S. Education Spending
Expenditures in Billions

2004
2005
2006
2007
Childcare
38
38
39
40
K-12
473
486
499
511
Higher Education
309
334
366
383
Corporate Training
57
59
61
64
Consumer Education
6
6
6
6
  TOTAL
883
923
971
1005
  y/y change
2.8%
4.6%
5.1%
3.5%
Source: Eduventures, U.S. Department of Education, Traning Magazine, Aberdeen Group, and Signal Hill estimates

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