In the school year 2020-21, approximately 245 billion U.S. dollars were spent by private higher education institutions in the United States. In that same year, 417 billion U.S. dollars were spent by public higher education institutions.
Expenditure of public and private colleges and universities in the United States from 1970 to 2020
(in billion U.S. dollars)
*Estimated by the National Center for Education Statistics based on teacher and enrollment data, and actual expenditures for prior years.
Year presented here is a school year. e.g. 2013 represent school year 2013-2014.
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NCES. (April 30, 2022). Expenditure of public and private colleges and universities in the United States from 1970 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/184231/expenditure-of-public-and-private-colleges-and-universities/
NCES. "Expenditure of public and private colleges and universities in the United States from 1970 to 2020 (in billion U.S. dollars)." Chart. April 30, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/184231/expenditure-of-public-and-private-colleges-and-universities/
NCES. (2022). Expenditure of public and private colleges and universities in the United States from 1970 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/184231/expenditure-of-public-and-private-colleges-and-universities/
NCES. "Expenditure of Public and Private Colleges and Universities in The United States from 1970 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Apr 2022, https://www.statista.com/statistics/184231/expenditure-of-public-and-private-colleges-and-universities/
NCES, Expenditure of public and private colleges and universities in the United States from 1970 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/184231/expenditure-of-public-and-private-colleges-and-universities/ (last visited December 21, 2024)
Expenditure of public and private colleges and universities in the United States from 1970 to 2020 (in billion U.S. dollars) [Graph], NCES, April 30, 2022. [Online]. Available: https://www.statista.com/statistics/184231/expenditure-of-public-and-private-colleges-and-universities/