The New Business of Education - Extras
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 |
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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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