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The National Center for Education Statistics reports that approximately 80% of school funding in years 2000-01, 2010–11, 2016-17 was dedicated to salaries and employee benefits. Salaries decreased by 7% and benefits spending Increased by 6% from 2000-01 to 2016-17.
Education spending of countries and subnational areas by % of GDP ; Location % of GDP Year Source Marshall Islands 15.8 2019 [1] Cuba 11.5 2020 [2] Micronesia 10.5 2020 [2]
This is an accepted version of this page This is the latest accepted revision, reviewed on 16 January 2025. Education in the United States of America National education budget (2023-24) Budget $222.1 billion (0.8% of GDP) Per student More than $11,000 (2005) General details Primary languages English System type Federal, state, local, private Literacy (2017 est.) Total 99% Male 99% Female 99% ...
The portion of state budget funding spent on higher education decreased by 40% from 1978 to 2011, while most tuition fees significantly increased over the same period. [13] Between 2000 and 2010, the cost of tuition and room and board at public universities increased by 37%. [ 14 ]
As of the fiscal year 2019 budget approved by Congress, national defense is the largest discretionary expenditure in the federal budget. [13] Figure C provides a historical picture of military spending over the last few decades. In 1970, the United States government spent just over $80 billion on national defense.
The United States has one of the most expensive higher education systems in the world, [4] [5] Public colleges have no control over one major revenue source: the state budget. [6] In 2023–24, the weighted average list price for annual tuition in the United States ranged from an average of $11,260 for in-state students at public four-year ...
Transfer payments to (persons) as a percent of Federal revenue in the United States Transfer payments to (persons + business) in the United States. CBO projects that spending for Social Security, healthcare programs and interest costs will rise relative to GDP between 2017 and 2027, while defense and other discretionary spending will decline relative to GDP.
This list shows the spending on education of various countries as a percentage of total government spending. It is based on data from the UNESCO Institute for Statistics. [1] The UNESCO dataset does not specify whether education capital expenditures are included, or whether only recurrent expenditures were considered.