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Institutions of Higher Education-Finances:1975-1986 [In millions of dollars. For fiscal years ending in year shown.] _________1986__________ Pri- Item 1975 1980 1985 Total Public vate Current funds revenues 35,687 58,520 92,473 100,438 65,005 35,433 Tuition & fees 7,233 11,930 21,283 23,117 9,439 13,677 Federal Government 4,991 7,772 9,615 10,466 6,699 3,767 State Government 10,857 18,378 27,583 29,912 29,221 691 Local Government 1,424 1,588 2,387 2,545 2,326 219 Endowment earnings 718 1,177 2,096 2,276 398 1,877 Private gifts, grants, & contracts(1) 1,745 2,808 4,896 5,410 2,110 3,301 Educational activities(2) 555 1,239 2,126 2,373 1,597 777 Auxiliary enterprises 4,080 6,481 10,100 10,674 6,685 3,989 Other funds revenues(3) 4,083 7,146 12,384 13,664 6,529 7,135 Plant funds(4) 3,311 4,382 6,737 7,713 5,458 2,255 Increase in fund balance 486 2,153 4,653 7,239 964 6,275 Endowment 229 1,874 4,302 6,792 880 5,912 Annuity & life income 26 64 153 235 11 224 Loans 231 215 198 212 73 139 Current funds expenditures(5) 35,058 56,914 89,951 97,536 63,194 34,342 Educational & general 27,548 44,543 70,061 76,128 50,873 25,255 Instruction 11,798 18,497 28,777 31,032 21,881 9,151 Institutional support 3,057 5,054 8,588 9,351 5,667 3,684 Research 3,132 5,099 7,552 8,437 5,705 2,732 Plant operation(6)2,787 4,700 7,346 7,605 5,177 2,428 Academic support 2,256 3,876 6,075 6,667 4,694 1,974 Libraries 1,002 1,624 2,361 2,551 1,685 866 Student services 1,439 2,567 4,178 4,563 2,922 1,641 Scholarships & fellowships 1,450 2,200 3,671 4,160 1,576 2,584 Unrestricted funds 632 905 1,962 2,285 697 1,588 Restricted funds 818 1,296 1,709 1,875 879 996 Public service 1,098 1,817 2,861 3,120 2,516 604 Mandatory transfers 532 732 1,015 1,192 735 457 Auxiliary enterprises(5) 4,074 6,486 10,012 10,528 6,830 3,698 Hospitals(5) 2,351 4,757 8,011 8,692 5,359 3,333 Independent operations(5) 1,087 1,128 1,868 2,187 132 2,055 Gross addition to plant value(7) 4,761 5,551 8,306 10,149 6,875 3,274 Value of plant (grounds, build- ings, equipment) 62,183 83,733 114,764 122,261 82,553 39,708 Endowment (book value)(8) 13,403 18,561 33,399 38,698 7,442 31,257 1. Private grants represent nongovernmental revenue for sponsored research and other sponsored programs; includes private contracts. 2. Sales and services of educational departments only. 3. Includes sales and services of hospitals; federally funded research and development centers, and other sources. 4. Annual net increase in plant funds. 5. Includes mandatory transfers which are primarily current expendi- tures for plant. 6. Includes maintenance. 7. Includes expenditures from current funds for plant expansion. 8. Includes funds functioning as endowment funds. Source:U.S. Dept. of Education, National Center for Education Statistics.