New export price index for education
June 14, 2007
Export postsecondary education prices increased 4.9 percent from the 2005/06 academic year to the 2006/07 academic year, following a similar 5.1-percent advance the previous academic year.
The new Export Postsecondary Education Index measures changes in prices for services provided by postsecondary educational institutions to foreign students studying in the United States. The index will be published annually, at the end of each academic year.
The Export Postsecondary Education Index measures price changes for room and board as well as tuition and fees paid by foreign, nonresident alien students at American colleges, universities, technical and professional schools. For example, the annual tuition rate paid by a German student pursuing a Master’s degree in the United States would be included in the Export Postsecondary Education Index.
Expenditures by foreign students on non-institutional expenses, such as airfare, books, entertainment, and other living expenses are excluded from this index.
These data are from the BLS International Price program. Import and export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes -- May 2007" (PDF) (TXT), news release USDL 07-0843, and in "How the Bureau of Labor Statistics Measures Price Change for Export Postsecondary Education in the U.S. Import/Export Price Indexes" (HTML) (PDF).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, New export price index for education on the Internet at https://www.bls.gov/opub/ted/2007/jun/wk2/art04.htm (visited September 22, 2017).
Recent editions of Spotlight on Statistics
Expenditures on Admissions to the Arts, Movies, Sporting Events, and Other Entertainment
A look at consumer spending and attendance at arts, sports, and entertainment events.
Profile of the labor force by educational attainment
A look at the educational attainment of the U.S. labor force and how it has changed over time.
Women in the workforce before, during, and after the Great Recession
A look at trends and projections in the labor force participation of women from the 1950s to 2024.
Employer-sponsored healthcare coverage across wage groups
A look at the relationship between employee wages and access to, participation in, and costs of employer-sponsored medical, dental, and vision care benefit plans.