United States Trends in Postsecondary Costs and Degree Attainment Jane Wellman Forum on Higher Education and Social Inclusion Melbourne, July 16, 2008

U.S. Nationwide enrollment demand in 2005 at an all-time high Total Headcount Enrollment Growth by Sector, 1987-1998 and 1998-2005 Institution Type 1987 1998 2005 Total 12,423,910 14,435,418 16,873,337   Public Research 3,184,465 3,468,988 3,886,981 Public Master's 1,931,729 2,158,637 2,443,878 Public Associates 4,115,676 5,075,690 6,035,652 Private Research 883,580 925,787 1,018,483 Private Master's 841,881 1,031,028 1,241,227 Private Bachelors 594,391 698,964 811,725 Proprietary 218,688 296,108 530,241 Other Institutions 653,500 780,216 905,150

$ spending/student; number of students enrolled 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 Private Research Private Bachelor’s Private Master’s Public Research Public Master’s Public Associate’s Median Full Educational Cost per FTE Student, 2006 Enrollment of FTE Students, 2006 United States: Money versus students: per capita spending per student (excludes research, service and auxiliary enterprises) against student enrollments (2006) $ spending/student; number of students enrolled Source: Delta Cost Project IPEDS database.