Auburn piled millions more each year into paying down the debt it borrowed for campus upgrades, including an $84 million basketball arena. It hired hundreds of administrators and professional staff. Spending on the president’s office and other administrative departments often increased far faster than that on many academic subjects.
To help pay for its transformation, the school has raised tuition and fees again and again. By one measure, students’ costs have grown faster than at almost any other major public U.S. university. Auburn’s net price, the average amount in-state freshmen pay after grants and scholarships—covering tuition, fees, room, board and other costs—topped $25,000 annually in 2021-22, according to Education Department data. That’s a 60% increase from 15 years prior, adjusted to today’s dollars.
Nationally, schools don’t consistently disclose the details of how they spend their money, making it nearly impossible to compare how they divide up dollars. To determine how one school’s priorities evolved, The Wall Street Journal chose Auburn as a case study, examining hundreds of pages of budget documents. The data help answer a question facing families across the nation: With college prices sharply higher than they were a generation ago, where does all the money go?
The Journal tallied how Auburn’s spending changed across roughly 125 of the largest budget categories between fiscal 2002 and 2016, adjusting all the numbers for inflation to today’s dollars. Comparisons after 2016 weren’t possible because of accounting changes and because Auburn stopped publishing granular spending figures.