Variable Assumption Demographic assumptions Projections are consistent with the Census Bureau estimates Population 18- to 24-year-old population Census Bureau projection: average annual growth rate of 0.1% Census Bureau projection: average annual growth rate of 0.6% 25- to 29-year-old population 30- to 34-year-old population Census Bureau projection: average annual growth rate of 1.3% Census Bureau projection: average annual growth rate of 0.6% 35- to 44-year-old population Economic assumptions Annual percent changes range between -1.9% and 2.2% with an annual growth rate of 1.4% Disposable income per capita in constant dollars Annual percent changes range between -2.4% and 2.3% with an annual growth rate of 1.3% Education revenue receipts from state sources per capita in constant dollars Inflation rate Inflation rate ranges between 1.0% and 2.0% Unemployment rate (men) Remains between 17.7% and 26.8% Ages 18 and 19 Ages 20 to 24 Remains between 10.8% and 15.6% Age 25 and over Remains between 5.3% and 7.9% Unemployment rate (women) Ages 18 and 19 Remains between 14.3% and 19.6% Remains between 9.3% and 13.1% Ages 20 to 24 Remains between 5.0% and 7.3% Age 25 and over
Leadtime(years) Statistic 1 2 3 4 5 6 7 8 9 10 Publicelementaryandsecondaryschools Prekindergarten–12enrollment 0.3 0.6 0.8 1.1 1.3 1.4 1.6 1.9 2.3 2.6 Prekindergarten–8enrollment 0.3 0.6 1.0 1.3 1.4 1.6 1.9 2.4 2.8 3.3 9–12enrollment 0.4 0.7 0.9 1.1 1.2 1.5 1.8 2.2 2.4 2.5 Highschoolgraduates 1.0 1.0 1.5 1.6 1.5 2.0 2.7 3.7 4.3 4.3 Elementaryandsecondaryteachers 0.8 1.4 1.7 2.2 2.8 3.4 3.9 4.3 5.0 5.9 Totalcurrentexpenditures 1.3 2.1 2.0 2.1 2.6 3.3 3.9 4.1 4.0 4.0 Currentexpendituresperpupilinfallenrollment 1.3 2.1 2.0 2.0 2.9 3.6 4.3 4.6 5.2 5.2 Privateelementaryandsecondaryschools Prekindergarten–12enrollment 3.4 4.6 3.7 7.2 7.7 10.6 9.3 9.4 8.1 6.3 Prekindergarten–8enrollment 3.5 4.9 4.1 8.0 9.2 12.1 10.6 10.4 10.2 7.9 9–12enrollment 3.0 3.8 2.3 4.3 2.8 5.8 5.7 6.1 1.3 1.3 Highschoolgraduates 0.9 0.9 1.6 2.8 5.0 6.2 4.9 4.8 1.6 1.6 Postsecondarydegree-grantinginstitutions Totalenrollment 1.7 2.6 3.6 4.7 5.3 6.2 7.6 9.4 11.7 13.1 Men 1.7 3.0 4.2 5.5 6.3 7.0 8.1 9.8 11.7 13.3 Women 1.8 2.6 3.7 4.3 4.6 5.6 7.2 9.0 11.7 12.9 4-yearinstitutions 1.8 3.0 4.0 5.4 6.0 7.0 8.5 10.6 13.1 14.8 2-yearinstitutions 2.2 3.2 4.2 4.8 5.0 5.0 5.9 7.1 9.4 10.1 White 1.1 2.4 3.9 5.5 6.7 7.4 BlackorAfricanAmerican 4.2 8.8 12.5 15.8 19.0 20.5 HispanicorLatino 4.2 8.6 12.1 15.5 18.9 22.1 Asian/PacificIslander 2.6 5.0 5.7 7.0 6.0 4.7 AmericanIndian/AlaskaNative 5.2 4.1 5.6 3.3 2.4 5.0 Nonresidentalien 2.7 4.8 7.8 9.5 7.3 2.1
Yearofdata Source 2007–08 2008–09 2009–10 2010–11 Enrollment,inthousands Actual 49,293 49,266 49,373 49,484 Projectedenrollment,inthousands ProjectionsofEducationStatisticsto2017 49,644 49,825 50,067 50,353 ProjectionsofEducationStatisticsto2018 49,470 49,623 49,788 50,034 ProjectionsofEducationStatisticsto2019 49,265 49,312 49,386 ProjectionsofEducationStatisticsto2020 49,282 49,306 Percentagedifferencebetweenactualandprojectedvalues ProjectionsofEducationStatisticsto2017 0.7 1.1 1.4 1.8 ProjectionsofEducationStatisticsto2018 0.4 0.7 0.8 1.1 ProjectionsofEducationStatisticsto2019 # -0.1 -0.2 ProjectionsofEducationStatisticsto2020 -0.2 -0.4
Leadtime(years) Source 1 2 3 4 Absolutevalueofpercentagedifferencebetweenactualandprojectedvalues ProjectionsofEducationStatisticsto2017 0.7 1.1 1.4 ProjectionsofEducationStatisticsto2018 0.4 0.7 0.8 1.1 ProjectionsofEducationStatisticsto2019 # 0.1 0.2 ProjectionsofEducationStatisticsto2020 0.2 0.4 Meanabsolutepercentageerror Example 0.2 0.5 0.7 1.3