Expenditure of public and private colleges and universities in the U.S. from 1960 to 2012 (in million U.S. dollars)

Year Public Private
2012* 304,000 179,000
2011* 296,000 175,000
2010 281,368.31 165,115
2009 273,030.3 157,713.59
2008 261,046 147,444
2007 238,829 136,710
2006 226,550 127,027
2005 215,794 119,225
2004 205,069 111,682
2003 197,025.88 105,858.45
2002 183,435.72 97,279.59
2001 170,344.84 89,860.8
2000 152,324.95 84,459.28
1999 140,538.59 78,670.29
1998 132,846.21 76,009.87
1997 125,978.07 73,924.68
1996 119,524.5 70,951.66
1995 115,464.98 67,503.64
1994 109,309.54 64,041.08
1993 104,570.1 60,670.94
1992 98,847.18 57,341.98
1991 92,961.09 53,126.74
1990 85,770.53 48,885.04
1989 78,945.62 44,921.57
1988 72,641.31 41,145.17
1987 67,653.84 38,109.72
1986 63,193.85 34,341.89
1985 58,314.55 31,636.71
1984 53,086.64 28,906.72
1983 49,572.92 26,362.83
1982 46,219.13 24,120.31
1981 42,279.81 21,773.13
1980 37,767.97 19,145.62
1979 33,732.87 16,988.11
1978 30,725.12 15,245.67
1977 28,634.85 13,964.97
1976 26,183.96 12,719.22
1975 23,489.98 11,567.58
1974 20,336.28 10,377.3
1973 18,203.75 9,751.88
1972 16,484.33 9,075.24
1971 14,996.04 8,379.16
1970 13,249.55 7,793.57
1960 3,130.76 2,470
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This graph shows the growth of expenditure of colleges and universities in the United States from 1960 to 2012. Approximately 119 billion U.S. dollars were spent by private institutions in 2005.

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You can find additional information about this statistic on statista.com
http://www.statista.com/statistics/184231/expenditure-of-public-and-private-colleges-and-universities/