Flow of money in higher education

Great chart from Sam Ro at Business Insider on the flow of money into and out of Universities:

college fund flows

One thing I found surprising–where is the spending on campus development? The trend over the last 5 years on college campuses seems to involve more and more spending on student amenities, most of which require expensive construction projects (swanky dorms; decked out gyms; top class dining halls, etc). Is that all consider ‘other’ spending?? Other than that slight omission, very interesting chart.

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