Category: Funding and Finances

University Expenditures 2020-21

Morning all.  Yesterday, we looked at details of university expenditures over time: today we will look at how universities spend their money.  I am not going to show any of this in dollar terms, because as can be inferred from yesterday’s blog, all spending is way up over the past couple of decades (about 90% after inflation), and it is up across almost every category of expenditure.  Instead, what I am going to do is express expenditures on various line

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Trends in University Income

I haven’t done a deep dive into university finances into a couple of years, so I thought I would take a couple of days to look through the latest data from the Financial Information of Universities and Colleges survey (confusingly-named, since it does not include community colleges).  Today I’ll do revenues, and tomorrow expenditures. Let’s start with the simple long-term change in revenues.  Far from being in an “austerity” situation, universities have been growing their total income at a rate

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Relative Effort

People often want to compare jurisdictional efforts with respect to postsecondary education investments.   These are typically exercises in choosing denominators: the numerator (total spending) is constant, it’s just a question of how to normalize raw expenditures.  In Canada, we tend to normalize expenditures in one of two ways: either in per student terms, or in terms of gross domestic product.  Figures 1 and 2 show these two measures across Canada.  In short, Newfoundland and Labrador and Saskatchewan look the best

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The State of Post-Secondary Education in Canada, 2022

Good morning.  Today marks the launch of the fifth edition of The State of Post-Secondary Education in Canada (SPEC).  You can download it here.  It’s a bit different from previous editions: it includes a new section on research in Canada, as well as a new Appendix containing a set of information-sheets for each province (patterned on the “nutshell” series which y’all seemed to have enjoyed).  And I am sure it also includes a whole new batch of mistakes, too, which

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The “Higher Education” Premiers of the 21st Century.

Quick, fun exercise: who are the top “Higher Education Premiers” of the 21st Century?  Let’s define this as simply the Premiers who made the largest investments in the sector (my criteria here is biggest increase over any four-year period – otherwise premiers with long tenures tend to get penalized).  Go ahead, write down your top four right now before I walk you through the data.  Anyone who guesses number 1 gets a gold star because I sure as hell didn’t guess

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