Higher Ed Taxpayer Funding
On average, how much does federal, state, and local taxpayer funding of higher education cost each U.S. household per year?
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During 2021, federal, state and local governments spent $232 billion on higher education, not including additional government funding of university research, university hospitals, and student loans. This $232 billion amounts to $1,796 for every household in the United States. It also amounts to 90% of spending by public and private colleges on all functions that directly contribute to the education of students and the general public.
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