Expenditure of public and private colleges and universities in the U.S. 1970-2017

Published by Erin Duffin, May 20, 2019
This statistic shows the expenditure of colleges and universities in the United States from 1970 to 2017. In the school year 2017-18, approximately 219 billion U.S. dollars were spent by private institutions in the United States.

Expenditure of public and private colleges and universities in the U.S. from 1970 to 2017 (in billion U.S. dollars)

YearPublicPrivate
2017*389219
2016372212
2015354.78204.69
2014335.63199.86
2013323.89193.17
2012311.42187.44
2011 305.54182.55
2010 296.86175.13
2009 281.39165.09
2008 273.02157.74
2007 261.05147.44
2006 238.83136.72
2005 226.55127.03
2004 215.79119.23
2003 205.07111.68
2002 197.03105.86
2001 183.4497.28
2000 170.3589.86
1999 152.3284.46
1998 140.5478.67
1997 132.8576.01
1996 125.9873.93
1995 119.5370.95
1994 115.4767.5
1993 109.3164.04
1992 104.5760.67
1991 98.8557.34
1990 92.9653.13
1989 85.7748.89
1988 78.9544.92
1987 72.6441.15
1986 67.6538.11
1985 63.1934.34
1984 58.3231.64
1983 53.0928.91
1982 49.5726.36
1981 46.2224.12
1980 42.2821.77
1979 37.7719.15
1978 33.7316.99
1977 30.7315.25
1976 28.6413.97
1975 26.1812.72
1974 23.4911.57
1973 20.3410.38
1972 18.29.75
1971 16.489.08
1970 158.38
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Release date

March 2019

Region

United States

Survey time period

1970 to 2017

Supplementary notes

*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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