Feature Article - June 2009
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COLLEGES AND UNIVERSITIES

A Look at Trends in Colleges & Universities


Like usage, respondents from colleges and universities this year were far more likely to report revenue increases than last year's respondents. While last year, just over a quarter (27.4 percent) of college/university respondents said they expected an increase in revenues from 2007 to 2008, this year, nearly four in 10 (38.8 percent) reported they had seen such an increase, a difference of 11.4 points. At the same time, respondents in this category were also more likely this year to report or expect decreasing revenue than respondents to last year's survey. While 3 percent last year expected a decrease in revenues from 2007 to 2008, this year, that number rose to 7 percent. (See Figure 42.)


While respondents from colleges and universities were projecting a substantial drop—of more than 11 percent—in their yearly operating expenditures from fiscal 2008 to fiscal 2009, they seem to expect to recover quickly in 2010, with operating expenditures that year just under 2 percent lower than in fiscal 2008. Despite the reported drop in operating expenditures, it should be noted that expenditures are still up a great deal from what respondents reported in last year's survey. Last year, college and university respondents were expecting their operating expenditures to climb to $1,421,000 in fiscal 2009. This year's respondents report that number to be 8.7 percent higher at $1,544,000.