Industrial Insight

Education cost so much in part because we subsidize it…. | October 23, 2010 October 20, 2010
U.S. Federal Spending for Higher Education Since 1962

How much does the federal government subsidize the cost of college in the United States?

That’s the subject of today’s chart, where we’ve taken historical data from the White House’s proposed budget for Fiscal Year 2011 and plotted it over time. The chart below shows both nominal and inflation-adjusted figures for all federal outlays for higher education since 1962, with projected values through 2014.

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I'm the executive vice president for a steel casting trade association, the Steel Founders' Society of America. I've got a crazy wife, five crazy children, three crazy people that married into the family, and two crazy fun little grandsons.







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