Source: State Higher Education Executive Officers, 2018
From the press release:
201 7, for the first time in our nation’s history, more than half of all states relied more heavily on tuition dollars to fund their public systems of higher education than on government appropriations, despite increased state and local support for public colleges and universities. That’s the overarching narrative of the State Higher Education Finance (SHEF) FY 2017 report, a comprehensive, nonpartisan analysis of educational appropriations, tuition revenue and enrollment trends in all 50 states, released today by the State Higher Education Executive Officers Association (SHEEO).
In FY 2017, states saw a moderate increase in state and local support for higher education, along with a slight increase in tuition revenue and nearly no change in full-time equivalent (FTE) enrollment. Yet despite five straight years of increases in public investments, constant dollar state support of higher education per FTE student remains $1,000 lower than before the 2008 Great Recession and $2,000 lower than before the 2001 dot-com crash. What’s more, states are increasingly dependent on tuition revenue as a major funding source for public colleges and universities, which could pose significant sustainability challenges as states continue their efforts to increase the percentage of their residents with some education beyond high school to meet their workforce needs. ….
….Five key takeaways from this year’s report include:
1. Overall, states moderately expanded their support for higher education in FY 2017. ….
2. State financial aid for students attending public institutions reached an all-time high. ….
3. For the first time, more than half of all states relied more on tuition than on government appropriations to finance their systems of higher education. ….
4. Total educational revenues are at the highest level since 1980. ….
5. Full-time equivalent (FTE) enrollment continues to taper, though not significantly. ….
– Interactive data
– Full Unadjusted Dataset – Excel
– Appropriations, Tuition, and Enrollment, by State – Excel
– Changes since Great Recession, by State – Excel
– Figures and Tables
Source: 1A, April 3, 2018
The success of the teachers’ strike in West Virginia, which resulted in a 5 percent pay increase, has inspired a movement among educators across the nation. Teachers and their supporters have staged demonstrations in Oklahoma, Kentucky and Arizona, closing down some public schools in those states — and more strikes could be coming soon. Average annual wages for K-12 teachers range from $59,000 to $61,000 nationally, but many classroom educators in red states earn thousands less than the average. How are local governments addressing teachers’ demands? And how is the new national conversation over compensation altering our ideas about what a teacher is worth?
5 things to know about the teacher strike in Oklahoma
Source: Erin McHenry-Sorber, The Conversation, April 3, 2018
The Oklahoma teachers strike is about more than just pay, but rather a longstanding pattern of decline in funding for the state’s public schools.
Source: Marcus P. Zillman, LLRX, March 25, 2018
This new guide is a comprehensive resource for all researchers who require access to reliable and accurate publicly available statistics and Big Data sets that address diverse and timely subject matter. The resources included in this guide are developed and maintained by a range of organizations, including: academic and scholarly sources, the federal government, the corporate and business sectors, open source contributions, advocacy groups, NGOs and IGOs.
Source: Shannon Monnat, Carsey School of Public Policy at the University of New Hampshire, National Issue Brief #134, Spring 2018
From the summary:
The U.S. drug overdose problem has reached epidemic levels, prompting President Trump to declare a public health emergency. Since 2000, 786,781 people in the United States have died from drug overdoses and other drug-related causes, with nearly 40 percent of those deaths occurring in the last three years alone.
The news media regularly portrays the drug overdose epidemic as a national crisis, but some places have much higher drug mortality rates than others. On average, rates are higher in counties with higher levels of economic distress and family dissolution, and they are lower in counties with a larger per capita presence of religious establishments. These findings hold even when controlling for demographic differences, urban or rural status, and health care supply.
– In 2016, the national drug-related mortality rate per 100,000 persons ranged from a low of 9.9 in Nebraska to a high of 60.3 in West Virginia.
– From 2006 to 2015, counties with the highest levels of economic distress experienced an average of 7.9 more drug-related deaths per 100,000 persons than counties with the lowest levels. This difference is the equivalent of nearly 40,000 excess deaths in the most economically distressed counties over the 10-year period.
– Counties with the highest levels of family dissolution (divorce/separation and single-parent families) had an average of 8.1 more drug-related deaths per 100,000 persons than counties with the lowest levels.
– Counties with the highest per capita presence of religious establishments had an average of 4.7 fewer drug-related deaths per 100,000 persons than counties with the lowest presence of religious establishments.
Source: U.S. Census Bureau, February 15, 2018
Use this tool to explore aggregated Revenue, Expenditure and Employment data for State and Local Governments. Customize the view by using the drop-down menus, and selectable category buttons. Receive additional information by hovering over each data element. Please note, all Revenue and Expenditure data are annual while Employment data have been annualized from each year’s March statistics. Dollar amounts are displayed in whole dollars.
Source: Bureau of Labor Statistics, U.S. Department of Labor, Spotlight on Statistics, February 2018
African Americans in the U.S. Labor Force A look at employment and unemployment trends of African Americans from 1972 to 2016 and projected to 2026.
Source: University of Missouri Library, 2018
Links to U. S. government documents listing retail prices for typical consumer purchases, and wages for common occupations.
All data is for the United States unless specifically indicated.
This guide points to government publications listing retail prices for common items or “necessities of life.” Prices for foods, articles of clothing, household items, appliances, hardware, fuel and other physical goods fall within the domain of this guide. We included prices for other types of common expenditures as well: transportation, cars, homes, rent, utilities, and school tuition for example. Here you will also find typical wages, salaries, hours and earnings for workers dating back to the 1700s. Again, we point to official government publications almost exclusively.
Source: Rebecca A. Sielman, Milliman, February 2018
From the summary:
In the fourth quarter, there was a $60 billion improvement in the estimated funded status of the 100 largest U.S. public pension plans as measured by the Milliman 100 Public Pension Funding Index. From the end of September through the end of December, the deficit shrank from $1.392 trillion to $1.332 trillion. As of December 31, the funded ratio stood at 73.1%, up significantly from 71.6% at the end of September.
Milliman analysis: Corporate pensions’ $61 billion funding gain in January may cushion early February market slide
Source: Charles J. Clark, Zorast Wadia, Milliman, February 2018
From the summary:
In January, the funded status of the 100 largest corporate defined benefit pension plans improved by $61 billion as measured by the Milliman 100 Pension Funding Index (PFI). As of January 31, the funded status deficit narrowed to $221 billion due to investment and liability gains incurred during January. As of January 31, the funded ratio rose to 87.2%, up from 84.1% at the end of December. January’s impressive funded status improvement was greater than that seen in any of the prior months of 2017.
The market value of assets grew by $13 billion as a result of January’s investment gain of 1.20%. The Milliman 100 PFI asset value increased to $1.505 trillion from $1.492 trillion at the end of December. The projected benefit obligation decreased to $1.725 trillion at the end of January.
Over the last 12 months (February 2017-January 2018), the cumulative asset returns for these pensions has been 11.88% and the Milliman 100 PFI funded status deficit only improved by $50 billion. The funded ratio of the Milliman 100 companies has increased over the past 12 months to 87.2% from 83.8%.
Source: U.S. Census Bureau, Press release, CB18-TPS.10, February 15, 2018
The U.S. Census Bureau today released the State and Local Government Snapshot, a new data visualization that allows users to explore the revenues, expenditures and employment of state and local governments. It combines several years of data from multiple government surveys in one place. Despite the robust amount of data, the format makes it clear and easy to understand. The visualization is customizable to allow users to access exactly the topics they are most interested in.
Source: Ben Barrett and Sophie Nguyen, New American Foundation, February 2018
From the summary:
On January 29, the U.S. Department of Education released a blueprint for how it plans to revise the gainful employment (GE) regulations, which the Obama administration put in place in 2014. Most notably, the Department’s proposed rule would eliminate all sanctions for career-oriented programs that leave students with large debt but without the training to land a well-paying job after graduation. Preserving only a modified version of the current disclosure requirements, the regulations could be further weakened if for-profit colleges get their way during the second round of negotiations. Instead of disclosing or holding career-oriented college programs accountable for the amount of debt that graduates borrow relative to the amount they earn a few years after completing, as the current rules do, for-profit college leaders and lobbyists have called for substituting actual students’ earnings with local estimates derived from the Bureau of Labor Statistics (BLS). While the Department’s proposal to strike any consequence from the GE regulations may seem brazen in comparison, attempting to use BLS data in place of actual graduates’ earnings would have nearly the same impact as no accountability at all. Unfortunately, using BLS estimates instead of real earnings data would not only tell prospective students very little about the quality of the program that they are considering, it will actively mislead them. More troubling still, this approach would prevent the government from holding individual colleges accountable.
To illustrate just how misleading it would be to use BLS data for the purpose of measuring program outcomes, we compared national and local BLS earnings with actual earnings from graduates of specific career-training programs. We found that, on average, the median annual earnings for graduates of all programs subject to the gainful employment regulations were $27,494. But if local BLS estimates were used instead, the median annual earnings would rise to an average of $49,341—an increase of $21,847, or nearly 80 percent…..