WASHINGTON, DC—The American Council of Trustees and Alumni (ACTA) has launched its 2021 annual update to HowCollegesSpendMoney.com (HCSM.com). This one-of-a-kind higher education financial analysis tool provides users with easy access to the spending trends of over 1,500 public and private colleges and universities.
“University boardrooms are filled with the most knowledgeable civic and community leaders in the country, but even they need support to counteract the problem of skyrocketing tuition,” says ACTA Vice President of Trustee & Government Affairs Armand Alacbay. “HowCollegesSpendMoney.com gives trustees and the public unique insight into how expanded campus budgets adversely affect the bottom line.”
ACTA’s 2021 updates include the newest financial data from FY 2019 and 2020, as well as student services spending per student. Other features on the updated HCSM.com include the ability to search for tuition as a percentage of household medium income, administrative spending per student, instructional spending per student, inflation-adjusted tuition, and four-year graduation rates for students pursuing bachelor’s degrees.
For more information about HowCollegesSpendMoney.com, please visit ACTA’s website, watch this video overview, or take a brief, guided tour of the website.
MEDIA CONTACT: Gabrielle Anglin
EMAIL: ganglin@goacta.org
PHONE: (202) 798-5425
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