Higher education – US – Medians – Public university median revenue growth falls for second year

Source: Jared Brewster, Susan I Fitzgerald, Kendra M. Smith, Cassandra Golden, Moody’s, Sector In-Depth, June 28, 2018
(subscription required)

For the second consecutive year, median public university revenue growth declined, falling below 3% and trailing expense growth for the first time since fiscal 2014, according to our fiscal 2017 medians. Nearly 25% of public universities reported declining revenue and more than 60% reported revenue growth below higher education inflation. Revenue growth will remain muted as public universities face tuition affordability concerns and ongoing state funding constraints, putting continued pressure on universities to curtail expense growth to maintain margins.