Webinar: Trends in College Spending

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Webinar: Trends in College Spending Sponsored by the State Higher Education Executive Officers (SHEEO) with the Delta Cost Project SHEEO Tuesday September 21, 2010 1:00 – 2:00 EDT. Housekeeping Items. Overview Large, primary window – main display for presentation materials. - PowerPoint PPT Presentation

Transcript of Webinar: Trends in College Spending

  • *Webinar: Trends in College Spending

    Sponsored by the State Higher Education Executive Officers (SHEEO) with the Delta Cost ProjectSHEEO Tuesday September 21, 20101:00 2:00 EDT

  • Housekeeping Items Overview

    Large, primary window main display for presentation materials. Note window, lower-left how to re-connect to the audio if disconnected.Chat Q & A window, upper-left type in/submit questions.

    Asking Questions

    To ask a question at any time:Type the question/comment into the small white box above submit question Press the enter key on your keyboardYour question will be submitted to all the presenters in a queue Presenters will respond to questions as possible, most at the end of the presentation. *

  • Agenda 1)Introduction and context Chris Ott 3 minutes Presentation of Trends Jane Wellman and Donna Desrochers 20 minutes 3)DISCUSSION: 15 minutes Increasing usefulness to SHEEO agencies: examples from agencies that have used the dataTechnical questions about the metrics4)Return to presentation about TCS-online - 10 minutes 5)General questions and discussion 10 minutes6)Conclusion

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  • Presentation of Trends Why do this? Living with imperfect dataThe story-line and what the metrics sayThe metrics themselves, how theyre different from others, how they were built and how they can be usedWhats most important for state policy workState-level examples of fact sheets

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  • Why do this? The New Normal and the mismatch between attainment goals, growing demand and declining resourcesPublic and policy skepticism about spending in higher educationThe absence of standard metrics for translating data into information about spending *

  • Living with imperfections The time lag in expenditure dataIPEDS data limitationsParent/child, groupingsThe Med School issueCapital/operating Where IS the data on those climbing walls, anyway?

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  • What the data CAN say! Patterns over time allowing comparisons between sectors and institutionsShifts among major categories of spending to show instruction/student services and other sourcesCost/price/subsidy: student share of costs, where public subsidies are usedCosts and aggregate outcomes: for a given input of resources, degrees/credentials produced *

  • The Story Line The cyclical nature of finance both public and private and why the wrong focus is whatever you had last year Rich man, poor man: the public/private gapSpending for E&R versus other functionsSpending within E&R instruction & student services vs. administrationCosts/prices/subsidies and signs of subsidy shift Costs and outcomes: findings, patterns

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  • The data and the trendsThe national data set: Public research universities- 152 institutionsPublic masters 231 institutionsPublic community colleges 785 institutionsPrivate nonprofit research 100 institutionsPrivate nonprofit masters 317 institutionsPrivate nonprofit bachelors 471 institutions

    Institutions collectively enroll more than 90 percent of the students in the public and non-profit sectors*

  • 5 major categories for 1998 2008 trends

    1.Where the money comes from: revenues per student by major source2.Where the money goes:E&R, E&G, total operatingWithin E&RWho pays for what: Cost/Price Subsidy Relation between tuition and spending increases What the money buys: Cost per degreeDoes the money follow the students: Costs vs. enrollments *

  • Why these metrics? Can be developed with existing dataCan be aggregated to national, state, or institutional levelOrganized to be relevant to policy-decisions made by legislatures, governing boards RevenuesTuitionSubsidyProductionNot appropriate for program/departmental decision-making Not designed to be parent-friendly *

  • The most important metric: E&RE&R spending per student average education and related spendingAn average full-cost per student figureIncludes instruction and student services, and a share of academic/institutional/maintenanceChanges within E&R over time: is spending on administration going up or down? Cost/price/subsidy: the portion of E&R costs paid for by tuitions vs. by the institution, student share of costsCost/tuitions: are tuitions going up because E&R spending is increasing or because of cost-shifting? E&R spending and enrollments *

  • *Note: In 1998, public institutions reported gross scholarships and fellowships.Source: Delta Cost Project IPEDS Database, 1987-2008, 11-year matched set.

  • Average education and related (E&R) spending per FTE student, by component, at public institutions, 1998-2008 (in 2008 $).*

  • Average education and related (E&R) spending per FTE student, by component, at private nonprofit institutions, 1998-2008 (in 2008 $).*

  • Cost/Price/Subsidy What proportion of E&R costs are paid by students, and what by the institution/state? Cost: Average E&R spending per studentPrice: Proportion of cost paid from net tuition revenuesSubsidy: Proportion of cost paid from institutional revenues (Cost less price)

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  • *Source: Delta Cost Project IPEDS database, 1987-2008, 11-year matched set.

  • *Relation between tuition and E&R spending increases

  • Spending per Degree and Completion, AY1998-2008 (in 2008 $)Source: Delta Cost Project IPEDS Database, 1987-2008, 11-year matched set.

    Education and Related (E&R) Spending per DegreeEducation and Related (E&R) Spending per Completion (Award)19982003200720081998200320072008Public Research$59,225$61,521$62,617$64,009$58,350$60,576$61,436$62,654Public Master's$50,481$53,477$53,600$55,292$49,922$52,507$52,532$54,252Community Colleges$87,617$76,309$72,830$73,709$47,798$47,634$45,732$45,949Private Research$89,988$101,199$110,730$112,483$88,778$99,326$108,117$109,739Private Master's$51,049$52,900$55,324$55,374$50,011$51,612$53,816$53,839Private Bachelor's$87,038$91,651$94,202$95,737$84,858$90,040$91,945$93,555

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  • State Fact Sheets For public institutions only, state level data showing key DCP metrics from 2003-2008:where the students are cost/price/subsidystudent share of costsinstruction share of costscompletions per 100 FTE studentsspending per completioncomparisons to national averagesCreated to provide precise data at the institution and Carnegie classification level by untangling parent-child reported data, which is only possible in more recent years.http://www.deltacostproject.org/data/state/

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  • *Public Research Institutions: Average Subsidy/Student share of E&R Spending per student by State, 2008

  • Illinois/National Comparisons - Public research sector - AY 2008*

    National averageIllinois Illinois RankE&R spending per student$15,619$16,28220State and local subsidy per student$8,055$7,53328

  • *Public Masters Institutions: Average Subsidy/Student share of E&R Spending per student by State, 2008

  • Illinois/National Comparisons - Public masters AY 2008*

    National averageIllinois Illinois RankE&R spending per student$12,185$13,56012State and local subsidy per student$6,578$7,20317

  • *Public Community Colleges: Average Subsidy/Student share of E&R Spending per student by State, 2008

  • Illinois/National Comparisons Public Community Colleges AY 2008*

    National averageIllinois Illinois RankE&R spending per student$10,396$7,83646State and local subsidy per student$7,404$5,42231

  • Stop for discussion and questionsHow to improve utility of data for state/SHEEO use: examples from audience

    West Virginia Kevin Walthers

    Questions about data/metrics*

  • Delta Cost Project TCS OnlineTrends in College Spending (TCS) Online is a free, user-friendly, online data system www.tcs-online.org TCS Online provides standardized reports for:Focus and comparison institutionsIndividual institution snapshotsU.S. Carnegie Group averages

    Using DCP finance and performance metrics:User-defined year selections and inflation adjustorsDollar amounts per FTE studentGroup means/mediansPercent changeAlso includes enrollment data (by status, level, and race/ethnicity)

    Various output options:Single or multi-yearTables and graphs (single year only)Html, excel, and pdf*

  • BASIC GUIDE TO USING TCS ONLINEhttp://www.tcs-online.org (webinar participants will shift to live screen) Step 1: Choosing Type of Report Using the Selection Menusingle institutionCompare institutions US by Carnegie Group

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  • Step 2: Choosing Areas of AnalysisRevenues ExpendituresBy Grouped CategoriesWithin E&G by standard categoriesSpending within E&R by shareCost/price/subsidySpending and outcomesDegrees/completions per 100 students enrolledE&R spending per degree/completionSpending v. pricesEnrollments and spending

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  • Step 3: Select additional filtersYearSingle yearChanges over multiple years (2002 2008)Inflation adjustmentNone (current dollars)CPI-UHEPIHECADefault is CPI-U constant dollars

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  • Step 4: Select additional filtersYear (single or over time) Inflation adjustmentNone (current dollars), CPI-U, HEPI, or HECADefault is CPI-USelect institutionEnter name of the institutionSearch by stateSearch by sectorClick on selected institutions, and >>> to select or
  • Step 5: Generate report Save to excel or to PDF using save at top left

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  • Some examplesOne-year comparison of spending within E&R for 6 national research universitiesChanges in cost/price/subsidy over time for a single institutionComparisons of cost/price/subsidy for three public in