Monday, January 30, 2012

Trends in College Spending

#NewFac12 Summit participants agreed on the importance of transparency, knowing where the money comes from and where it goes. We already know where it doesn't go. Data, data... who's got the data? Who crunches it? IPEDS has data. Now Delta and American Institutes for Research (AIR) do for analyzing according to primary metrics. Next question: who gets access to the results?

According to a recent press release, the National Center for Education Statistics (NCES) will maintain the Delta Cost Project's database as part of its Integrated Postsecondary Education Data System (IPEDS) that conducts annual surveys gathering information from every college, university, and technical and vocational institution that participates in the federal student financial aid programs. For more information about the Delta Cost Project at AIR, contact Rita Kirshstein at rkirshstein@air.org.



Accessing Delta Cost Project measures of spending, revenues, productivity, and enrollment in higher education institutions, Trends in College Spending (TCS) Online is an interactive web-based data system gives higher education stakeholders easy access to information on finance, performance, and enrollments for individual institutions, groups of institutions, or the nation as a whole.

Recent patterns in higher education finance are presented using six primary "metrics" compiled by the Delta Cost Project (follow the "Overview" link below). These metrics mirror those in the Delta Cost Project’s Trends in College Spending reports, where national-level patterns and trends are presented. The TCS system allows institutional-level comparisons with those national data.

The six metrics are revenue, expenditures, cost/price/subsidy, outcomes and spending, spending comparisons and enrollment.

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