Highlights From ACRL’s “2018 Academic Library Trends and Statistics”
Note: The complete ACRL 2018 Academic Library Trends and Statistics was released today. It is a fee-based resource. A few data points from the report are found below.
The Association of College and Research Libraries (ACRL) announces the publication of ““2018 Academic Library Trends and Statistics.”
The 2018 data show that library expenditures for collection materials averaged $5.3 million for doctoral degree-granting institutions; $684,000 for comprehensive degree-granting institutions; $498,000 for baccalaureate schools and $196,000 for associate-degree granting institutions. On average, doctoral degree granting institutions spent 77.2% of their materials budgets on ongoing commitments to subscriptions in 2017; comprehensive schools spent an average of 82.4%; baccalaureate schools spent an average 79.5% and associate degree granting institutions spent an average of 64.9%. On average, academic libraries spent 76% of their materials budget on ongoing subscriptions.
Expenditures for salaries and wages accounted for 55.6% of the total library expenditures on average. Salaries and wages constituted 72.5% of total library expenditures for associate-degree granting institutions, 51.6% for baccalaureates, 55.4% for comprehensive schools, and 43% for doctoral/research institutions.
Spending per FTE student averaged $81.27 for associate-degree granting institutions, $400 for baccalaureate schools, $262 for comprehensive universities, and $633 for doctoral/research institutions. Staffing at associate-degree granting institutions averaged 4.97 FTE librarians, 5.44 FTE librarians at baccalaureate schools, 7.82 FTE librarians at comprehensive universities, and 30.2 FTE librarians at doctoral/research institutions.
The 2018 survey includes data from 1,726 academic libraries in five major categories:
- Collections (including titles held, volumes, and electronic books)
- Expenditures (library materials, salaries and wages, etc.)
- Library services
- Library contributions to student success initiatives
Direct to Complete ACRL Announcement
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.