Enrollment in degree-granting institutions of higher education in Arizona as a percentage of the state’s population was about equal to the national average in 2003. The Arizona figure was higher than the national average at private for-profit institutions, slightly greater than the national average at public institutions, but considerably below average at private not-for-profit institutions. Total revenues and expenditures per student at Arizona institutions of higher education were far below the national averages in 2003, among the least in the nation. Among public institutions, Arizona’s higher education revenues and expenditures were not as far below average, but still ranked among the bottom 10 states in the nation.