University of Texas, then and now

Interesting data comparing changes in income and expenses at the University of Texas between 1960 and 2009, courtesy of Clear Picture Online. The most striking changes are in president’s salary (!!!), resident tuition, scholarships, staff benefits, and adminstrative overhead.

 

 

1960

1960 (inflated)

2008 actual

Resident tuition

$100

$690

$7,360

President’s salary

$17,500

$121,600

$676,900

Income per student

     

Tuition income

$169

$1,164

$2,643

State Financial Aid

$0

$0

$460

Student Fees

$21

$149

$6

State of Texas

$673

$4,674

$6,487

University Fund

$165

$1,150

$2,890

Total Income

$1,059

$7,360

$13,343

Expenses per student

     

Teaching salaries

$456

$3,170

$5,203

Teach op. expenses

$138

$957

$1,291

Library

$61

$423

$264

Facilities

$146

$1,014

$768

Research

$117

$814

$1,068

Scholarships

$7

$48

$972

Staff benefits

$0

$0

$2,418

Administrative overhead

$75

$524

$3,781

Total expenses

$1,058

$7,355

$13,403

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