National Spending on Capital Outlay




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Document Number: 4994

National Spending on Capital Outlay

MS Word - According to the Digest of Education Statistics 2002, published by the National Center for Education Statistics (NCES), capital outlay spending for education facilities in the United States for 1999-2000 totaled $43.4 billion and interest on school debt came to $9.1 billion. According to this same report, nationally 13.8% of all education spending during 1999-2000 was spent on these two categories. A breakdown of total education spending from 1919 to 2000 is illustrated in the table below. (Education Commission of the States, February 2004)...
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