1. M AY 21, 2014 H IGHER E DUCATION F INANCE G ARY B ENSON ERDC ARRA SLDS Grant Conference

2. M AY 21, 2014 U TILIZING M ETRICS D EVELOPED BY THE D ELTA C OST P ROJECT The Delta Project on Postsecondary Education Costs, Productivity, and Accountability: Independent, nonprofit organization Concerned with productivity and accountability in postsecondary education Had three basic questions regarding the financing of higher education: 1.Where does the money come from? 2.Where does the money go? 3.What does the money buy?

3. M AY 21, 2014 T HE D ELTA C OST P ROJECT Developed metrics Revenue Expenditures Productivity Developed database Used IPEDS data Produced reports Developed on-line reports by institution Database now maintained by National Center for Education Statistics (U.S. Department of Education) Reports now prepared by American Institute for Research (AIR)

4. M AY 21, 2014 W ASHINGTON H IGHER E DUCATION F INANCIALS Uses the definitions and metrics developed by the Delta Cost Project Pulled data directly from IPEDS to the P20DW Looks at only Washington institutions from 2002 to 2012 Where are the students taught? Where does the money come from? Where does the money go? How much are students subsidized? What does the money buy? Degrees and completions Productivity

5. M AY 21, 2014 W ASHINGTON H IGHER E DUCATION F INANCIALS Five sectors: Private (for-profit and nonprofit) career schools Private (nonprofit and for-profit) baccalaureate institutions Public community and technical colleges Public comprehensive institutions Public research universities All dollar values have been adjusted to 2012 dollars using the IPD- PCE All dollar values are on a per FTE student basis

6. M AY 21, 2014 INSTRUCTIONAL ACTIVITY MOSTLY (81%) TAKES PLACE AT PUBLIC INSTITUTIONS

7. M AY 21, 2014 INSTRUCTIONAL ACTIVITY IS MOSTLY (90%) AT THE UNDERGRADUATE LEVEL

8. M AY 21, 2014 T HE PREDOMINANT AMOUNT OF GROWTH IN THE LAST 10 YEARS HAS OCCURRED AT COMMUNITY AND TECHNICAL COLLEGES

9. M AY 21, 2014 T UITION IS THE PRIMARY (89%) SOURCE OF REVENUE AT PRIVATE CAREER SCHOOLS

10. M AY 21, 2014 T UITION IS THE PRIMARY (74%) SOURCE OF REVENUE AT P RIVATE B ACCALAUREATE I NSTITUTIONS

11. M AY 21, 2014 T UITION, STATE APPROPRIATIONS, AND GOVERNMENTAL CONTRACTS ARE MAJOR SOURCES OF REVENUE AT COMMUNITY AND TECHNICAL COLLEGES

12. M AY 21, 2014 S TATE APPROPRIATIONS PER STUDENT ARE DECLINING WHILE TUITION REVENUE IS INCREASING AT THE COMMUNITY AND TECHNICAL COLLEGES

13. M AY 21, 2014 T UITION IS A GROWING REVENUE SOURCE AT THE COMPREHENSIVE INSTITUTIONS

14. M AY 21, 2014 S TATE APPROPRIATIONS PER STUDENT ARE DECLINING WHILE TUITION IS INCREASING AT THE COMPREHENSIVE INSTITUTIONS

15. M AY 21, 2014 T UITION, GOVERNMENTAL CONTRACTS, AND AUXILIARY ENTERPRISES ARE THE PRIMARY REVENUE SOURCES AT THE RESEARCH UNIVERSITIES

16. M AY 21, 2014 M AJOR CHANGES IN STATE APPROPRIATIONS AND TUITION HAVE OCCURRED AT THE RESEARCH UNIVERSITIES

17. M AY 21, 2014 S PENDING AT THE PRIVATE CAREER SCHOOLS IS MOSTLY (90%) ON EDUCATION - RELATED ACTIVITIES

18. M AY 21, 2014 S PENDING AT THE PRIVATE BACCALAUREATE INSTITUTIONS IS PRIMARILY (84%) ON EDUCATION - RELATED ACTIVITIES

19. M AY 21, 2014 S PENDING AT THE COMMUNITY AND TECHNICAL COLLEGES IS MOSTLY (76%) ON EDUCATION - RELATED ACTIVITIES

20. M AY 21, 2014 S PENDING AT THE COMPREHENSIVE INSTITUTIONS IS ORIENTED (66%) TOWARDS EDUCATION - RELATED ACTIVITIES

21. M AY 21, 2014 S PENDING AT THE RESEARCH UNIVERSITIES IS MIXED BETWEEN EDUCATION ALONG WITH RESEARCH AND AUXILIARY ENTERPRISES

22. M AY 21, 2014 T HE “ STUDENT SUBSIDY ” IS THE DIFFERENCE BETWEEN EDUCATION - RELATED SPENDING AND TUITION REVENUE

23. M AY 21, 2014 A T THE PRIVATE CAREER SCHOOLS THERE HAVE BEEN YEARS WHEN STUDENTS PAY MORE THAN IS SPENT ON EDUCATION

24. M AY 21, 2014 T HE PRIVATE BACCALAUREATE INSTITUTIONS PROVIDE A SUBSIDY TO STUDENTS

25. M AY 21, 2014 T HE SUBSIDY AT THE COMMUNITY & TECHNICAL COLLEGES IS DECLINING

26. M AY 21, 2014 T HE SUBSIDY AT THE COMPREHENSIVE INSTITUTIONS HAS BEEN CUT IN HALF IN THE LAST FOUR YEARS

27. M AY 21, 2014 T HE SUBSIDY AT THE RESEARCH UNIVERSITIES IS GOING DOWN

28. M AY 21, 2014 T UITION IS A GROWING SOURCE OF REVENUE FOR EDUCATION - RELATED SPENDING AT THE PUBLIC INSTITUTIONS ; BUT STILL LESS THAN AT THE PRIVATE INSTITUTIONS

29. M AY 21, 2014 T HERE WERE 73,500 DEGREES AND 30,000 NON - DEGREE AWARDS EARNED BY STUDENTS IN 2012

30. M AY 21, 2014 N EARLY HALF OF THE AWARDS WERE EARNED AT THE COMMUNITY & TECHNICAL COLLEGES

31. M AY 21, 2014 T HE PRIVATE CAREER SCHOOLS PRIMARILY AWARDED CERTIFICATES REQUIRING LESS THAN FOUR ACADEMIC YEARS

32. M AY 21, 2014 T HE PRIVATE BACCALAUREATE INSTITUTIONS AWARDED MOSTLY DEGREES

33. M AY 21, 2014 T HE COMMUNITY & TECHNICAL COLLEGES PREDOMINANTLY AWARDED ASSOCIATE ’ S DEGREES ALONG WITH SHORT - TERM CERTIFICATES

34. M AY 21, 2014 T HE PUBLIC COMPREHENSIVE INSTITUTIONS AWARD BACHELOR ’ S DEGREES ALONG WITH MASTER ’ S DEGREES

35. M AY 21, 2014 T HE PUBLIC RESEARCH UNIVERSITIES AWARD PRIMARILY DEGREES

36. M AY 21, 2014 W HILE ALL TYPES OF COMPLETIONS HAVE SHOWN GROWTH OVER THE LAST 10 YEARS, SHORT - TERM CERTIFICATES HAVE EXPLODED

37. M AY 21, 2014 T HE NUMBER OF COMPLETIONS ( DEGREES AND CERTIFICATES ) PER 100 FTE STUDENTS HAS INCREASED SIGNIFICANTLY AT THE CTC’ S

38. M AY 21, 2014 D EGREES EARNED PER 100 FTE STUDENTS HAS INCREASED IN ALL THE FOUR - YEAR SECTORS

39. M AY 21, 2014 S PENDING PER COMPLETION IS RELATIVELY LOW AT THE CAREER SCHOOLS AND FALLEN DRAMATICALLY AT THE CTC’ S

40. M AY 21, 2014 S PENDING PER DEGREE HAS FALLEN AT THE COMPREHENSIVE INSTITUTIONS AND INCREASED IN THE OTHER SECTORS

41. M AY 21, 2014 C ONTACT THE ERDC ERDC Website www.erdc.wa.gov ERDC Location General Administration Building 210 11th Ave SW, Room 318 Olympia, WA 98504-3113 ERDC Mailing Address P.O. Box 43113 Olympia, WA 98504-3113 ERDC Phone/Fax Phone: (360) 902-0599 Fax: (360) 725-5174