Dive Brief:

• The U.S. Department of Education’s latest data shows higher education institutions in the U.S. eligible for Title IV financial aid enrolled 17.9 million undergraduate students in the fall of 2013, down from 18.2 million one year earlier.
• Those schools also had 2.9 million graduate students, unchanged from the fall of 2012.
• Of the undergraduate students, about 59 percent were in four-year schools, 40 percent in two-year schools and 2 percent in less-than-two-year programs.

Dive Insight:

The Title IV institutions had about 4 million employees—2.5 million in full-time positions and 1.4 million part-timers. The numbers were nearly unchanged from one year earlier—3,969,396 total for the fall 2013 compared to 3,976,803 in 2012. The public four-year schools had about 21 percent of their revenues from tuition and fees in their 2013 fiscal years, compared to 32 percent for private nonprofit four-year schools and 91 percent for private for-profit four-year schools. On the expenses side, 29 percent of the expenses at public four-year schools went to instruction, compared to 33 percent for private nonprofit four-year schools and 23 percent for private for-profit four-year schools.