This report, the 35th in a series begun in 1964, provides revisions of projections shown in "Projections of Education Statistics to 2015." It includes statistics on elementary and secondary schools and degree-granting institutions. Included are projections of enrollment, graduates, teachers, and expenditures to the year 2016. In addition to projections at the national level, the report includes projections of public elementary and secondary school enrollment and public high school graduates to the year 2016 at the state level. The summary of projections provides highlights of the national and state data, while the reference tables and figures present more detail. This is the first edition of the "Projections of Education Statistics" to include projections of enrollment at degree-granting institutions by race/ethnicity. Appendix A describes the methodology and assumptions used to develop the projections, appendix B presents supplementary tables, appendix C describes data sources, appendix D is a list of abbreviations, and appendix E is a glossary of terms. (Contains 50 tables and 45 figures.) [For the thirty-fourth (2006) edition, see ED493426.]