A Study of The Current Costs of Public Higher Education in New Mexico For 1949-1950

The purpose of this study is the presentation and comparison of certain important aspects of revenues and costs of higher education in New Mexico for the fiscal year which began July 1, 1949 and ended June 30, 1950. A more complete evaluation of the problems and accomplishments of these institutions can be made after studying those factors which affect income and costs. Enrollment statistics for each school can be considered a basic factor in discussing income and expenditures. Not only does the number of students have much to do with the amount of money received and with the type of expenditures made, but it also provides an effective unit of comparison. An analysis of the income and expenditure figures is presented in this paper as total dollars, as percentages, and on a per student basis in order to better visualize the problems involved