Six Metrics:

• Revenue: Where Does the Money Come From?

  The primary sources of total operating revenue are shown, including: net tuition revenues; state and local appropriations; private gifts, investment returns, and endowment income; as well as other dedicated revenue sources such as federal grants and contracts, and auxiliary enterprises.

• Expenditures: Where Does the Money Go?

  Several measures of spending are shown including: "Education and Related (E&R)" spending—spending primarily related to students and student learning (instruction, student services, and a portion of "overhead"); as well as the more traditional spending categories such as Education and General (E&G) spending and total operating expenditures, by component (such as instruction, research, academic support, etc.).

• Cost/Price/Subsidy: What’s the Student Share of Costs?

  E&R spending is parsed into the "student share of cost" (the percentage of E&R expenses that are paid from net tuition revenues) and the "average subsidy" (the share of E&R expenses that are covered by institutional resources - primarily state funding at public institutions).

• Performance: Outcomes and Spending

  Performance is measured by the number of completions (including degrees, certificates, and other formal awards) produced for every 100 FTE students enrolled, as well as the total E&R costs per completion (as contrasted to costs per student enrolled).

• Spending Comparisons: Prices and Enrollments vs. Spending

  Comparisons between changes in tuition prices and spending per student show the relationship between price and cost shifts. Comparisons of E&R spending per student versus the number of students enrolled show the disparities in spending at different sized institutions.

• Enrollment: Where Do Students Go?

  Full-time equivalent (FTE) student enrollments and headcount enrollment by undergraduate/graduate level, full-time/part-time status, race/ethnicity are shown.