Higher Education: National Center for Education Statistics Releases New Data on Postsecondary Enrollment, Finance, Employees, and Academic Libraries

From NCES:

The percent of revenues that postsecondary institutions received from tuition and fees in 2017-18 varied greatly depending on the type of institution.

According to new data released today by the National Center for Education Statistics, public 4-year institutions and administrative offices received about 20 percent of their revenues from tuition and fees in Fiscal Year (FY) 2018, compared with just over 30 percent at private nonprofit entities and 95 percent at private for-profit entities.

The National Center for Education Statistics released a new data and a set of web tables today (November 26) that presents fully edited and imputed data from the Integrated Postsecondary Education Data System (IPEDS) spring 2019 collection.

This collection included four survey components: Enrollment for fall 2018; Finance for fiscal year 2018; data on employees in postsecondary education for Fall 2018; and data for Academic Libraries for fiscal year 2018.

Other findings include:

• In fall 2018, of the approximately 20.0 million students enrolled at Title IV institutions, approximately 17.0 million were undergraduates and approximately 3.0 million were enrolled as graduate students. Of the 17.0 million undergraduate students, 64 percent were enrolled in 4-year institutions, 34 percent in 2‑year institutions, and 2 percent in less-than-2-year institutions.
• In fiscal year 2018, approximately 27 percent of expenses at public 4-year entities were for instruction, compared with approximately 41 percent at public 2-year entities and nearly 52 percent at public less-than-2-year entities.
• Title IV institutions and administrative offices reported employing approximately 4.0 million individuals in fall 2018. Of the 4.0 million individuals, approximately 2.6 million were employed full-time and 1.4 million were employed part-time.
• Approximately 62 percent of full-time, first-time students enrolled in 2012 at 4-year institutions who were seeking a bachelor’s or equivalent degree completed a bachelor’s or equivalent degree within 6 years at the institution where they began their studies;
• Among full-time, first-time students who enrolled in 2014 at less-than 2-year institutions, 46 percent graduated within 100 percent of the normal time. When that time span was extended to within 200 percent, the graduation rate rose to 70 percent;
• Among full-time, first-time degree/certificate-seeking undergraduate students awarded any grant aid, differences in average cost of attendance and net price of attendance for the 2017-18 academic year varied by institutional sector. For those attending public 4-year institutions, average cost was approximately $20,300 and net price was about $12,700; for those attending nonprofit 4-year institutions, average cost was roughly $41,500 and net price was about $22,700; and for those attending for-profit 4-year institutions, average cost was approximately $28,900 and net price was about $22,400;
• For cohort year 2010-11, the percentage of undergraduate students enrolled full-time—but not for the first time—who completed an award at the same institution differed from the percentage of full-time, first-time undergraduate students who completed an award at the same institution, by institutional control and level. For example, at 4-year for-profit institutions, approximately 37 percent of full-time, non-first-time students completed an award compared with 31 percent of full-time, first-time students.
• The 2,013 Title IV institutions that do not have an open admission policy received approximately 11.3 million applications for fall 2018 admission. About 6.3 million of these applications resulted in admission, and around 1.6 million students enrolled.

Tables and the corresponding data release memo available at: https://nces.ed.gov/ipeds/use-the-data/survey-components

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