U.S. again tops list of higher education spenders

Wednesday, June 26, 2013

The U.S. has reclaimed its position as the biggest spender on higher education, as rising fees pushed it clear in the Organisation for Economic Cooperation and Development’s annual figures.

The U.S. spent 2.8 per cent of its GDP on higher education in 2010, up from 2.6 per cent in 2009, when it had been in joint first position with South Korea. The rise came from private funding, up from 1.6 per cent of GDP to 1.8 per cent as fees continued to rise.

Read more »