In 2022, about 37.7 percent of the U.S. population who were aged 25 and above had graduated from college or another higher education institution, a slight decline from 37.9 the previous year. However, this is a significant increase from 1960, when only 7.7 percent of the U.S. population had graduated from college. Demographics Educational attainment varies by gender, location, race, and age throughout the United States. Asian-American and Pacific Islanders had the highest level of education, on average, while Massachusetts and the District of Colombia are areas home to the highest rates of residents with a bachelor’s degree or higher. However, education levels are correlated with wealth. While public education is free up until the 12th grade, the cost of university is out of reach for many Americans, making social mobility increasingly difficult. Earnings White Americans with a professional degree earned the most money on average, compared to other educational levels and races. However, regardless of educational attainment, males typically earned far more on average compared to females. Despite the decreasing wage gap over the years in the country, it remains an issue to this day. Not only is there a large wage gap between males and females, but there is also a large income gap linked to race as well.
In 2020, there were 3,931 higher education institutions across the United States. This was a decrease from 2015, when there were 4,583 higher education institutions across the nation.
Higher education in the U.S.
Higher education in the United States refers to colleges and universities in the country. The U.S. has some notable distinctions in regards to higher education when compared to the rest of the world, including NCAA sports, Greek life, and high attendance costs. However, a large majority of the world’s best universities are located in the United States. Some of these universities include the eight Ivy League schools, Massachusetts Institute of Technology, and Stanford University.
Higher education costs
The cost of university in the United States has increased significantly over the last few decades. As a result of these high tuition costs, it has caused students to take out exorbitantly high student loans. Both federal and state governments have decreased the amount of funding towards public schools, but mandatory outlays for higher education are expected to increase over the next several years. In 2021, California had the highest amount of higher education expenditures by state and local governments. California also has the most higher education institutions in the country.
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Market Size statistics on the Colleges & Universities industry in the US
The Institutional Data Archive on American Higher Education (IDA) contains academic data on 384 four-year colleges and universities in the United States. The IDA is one of two databases produced by the Colleges and Universities 2000 project based at the University of California, Riverside. This release, the third compilation of the IDA, is updated through academic year 2010-2011, and includes longitudinal and cross-sectional data from multiple sources. The collection is organized into nine datasets based on the unit of analysis and whether identifiers linking the data to particular institutions are present; seven of the datasets can be linked by a common identifier variable (PROJ_ID), and two cannot be linked due to confidentiality agreements. The seven identifiable datasets contain information on institutions, university systems, programs and academic departments, earned degrees, graduate schools, medical schools, and institutional academic rankings over time. Data regarding student enrollments, average SAT and ACT scores, and tuition and fees has been recorded, as well as institutional information concerning libraries, research activity, revenue and expenditures, faculty salaries, and quality rankings for program faculty. The identifiable datasets also include census information for neighborhoods surrounding IDA colleges and universities. The two non-identifiable datasets contain confidential survey responses from IDA institution presidents, chancellors, provosts, and academic vice presidents; survey questions pertained to governance structures, institutional goals and achievements, and solicited opinions on current and future issues facing the respondent's institution and higher education in general.
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School enrollment, tertiary (% gross) in United States was reported at 79.36 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - School enrollment, tertiary (% gross) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.
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The Higher Education General Information Survey (HEGIS) series was designed to provide comprehensive information on various aspects of postsecondary education in the United States and its territories (American Samoa, Guam, Puerto Rico, the Virgin Islands, and the Marshall Islands) and Department of Defense schools outside the United States. Data are available for both public and private two-year and four-year institutions. The HEGIS Fall Enrollment component for 1968 sought enrollment data from institutions of higher education. Key data elements, presented for up to five record types for each institution, include total enrollments of full-time and part-time students by class level, sex, race, and first-time enrollment status, as well as information on the institutions' type of accreditation, type of calendar system, and total number of students.
In the 2021/22 academic year, about 4.1 million higher education degrees were earned in the United States. By the 2031/32 academic year, this figure is projected to increase to about 4.83 million degrees.
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This is data and code for "How Do Institutions of Higher Education Affect Local Invention? Evidence from the Establishment of U.S. Colleges." In this project, I use narrative historical data on site selection decisions for a subset of U.S. colleges to identify "runner-up" locations that were strongly considered to become the sites of new colleges. Using runner-up counties as counterfactuals in a difference-in-difference model, I find that establishing a college causes 62% more patents per year. Linking patents to novel college yearbook data reveal that only 12% of patents in a college's county came from that college’s alumni or faculty. I find only small differences in patenting between establishing colleges and establishing other institutions, as well as between colleges with different focuses on technical fields.
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U.S. Higher Education Market size was valued at USD 101165.92 Million in 2024 and is projected to reach USD 176174.98 Million by 2032, growing at a CAGR of 7.18% from 2026 to 2032.Increasing Demand for Skilled Professionals in a Knowledge-Driven Economy: The relentless evolution of the global economy into a knowledge-driven powerhouse is a primary engine of the U.S. higher education market. As industries become increasingly sophisticated and automated, the demand for highly skilled professionals with specialized knowledge and critical thinking abilities has skyrocketed.Rising Enrollment in Online and Hybrid Learning Programs Offering Flexibility: The profound shift towards online and hybrid learning models has fundamentally reshaped the accessibility and delivery of higher education, acting as a powerful growth driver.
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United States US: Educational Attainment: At Least Master's or Equivalent: Population 25+ Years: Total: % Cumulative data was reported at 11.995 % in 2015. This records an increase from the previous number of 11.765 % for 2014. United States US: Educational Attainment: At Least Master's or Equivalent: Population 25+ Years: Total: % Cumulative data is updated yearly, averaging 11.765 % from Dec 2013 (Median) to 2015, with 3 observations. The data reached an all-time high of 11.995 % in 2015 and a record low of 11.566 % in 2013. United States US: Educational Attainment: At Least Master's or Equivalent: Population 25+ Years: Total: % Cumulative data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Education Statistics. The percentage of population ages 25 and over that attained or completed Master's or equivalent.; ; UNESCO Institute for Statistics; ;
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United States US: Tertiary Education: Teachers: % Female data was reported at 49.106 % in 2015. This stayed constant from the previous number of 49.106 % for 2014. United States US: Tertiary Education: Teachers: % Female data is updated yearly, averaging 42.135 % from Dec 1975 (Median) to 2015, with 25 observations. The data reached an all-time high of 49.106 % in 2015 and a record low of 25.276 % in 1975. United States US: Tertiary Education: Teachers: % Female data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Education Statistics. Tertiary education, academic staff (% female) is the share of female academic staff in tertiary education.; ; UNESCO Institute for Statistics; Weighted average; Each economy is classified based on the classification of World Bank Group's fiscal year 2018 (July 1, 2017-June 30, 2018).
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Russell, Lauren C., Yu, Lei, and Andrews, Michael J., (2024) “Higher Education and Local Educational Attainment: Evidence from the Establishment of U.S. Colleges.” Review of Economics and Statistics 106:4, 1146–1156.
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The United States higher education market size was valued at USD 6.0 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 16.8 Billion by 2033, exhibiting a CAGR of 12.20% from 2025-2033. The market is driven by the growing adoption of e-learning platforms that enable institutions to offer various courses without physical infrastructure restraints, along with the rising establishments of community colleges that make higher education more affordable.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 6.0 Billion |
Market Forecast in 2033 | USD 16.8 Billion |
Market Growth Rate (2025-2033) | 12.20% |
IMARC Group provides an analysis of the key trends in each segment of the United States higher education market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on component, deployment mode, course type, learning type, and end user.
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This dataset contains data from the National Center for Education Statistics' Academic Library Survey, which was gathered every two years from 1996 - 2014, and annually in IPEDS starting in 2014 (this dataset has continued to only merge data every two years, following the original schedule). This data was merged, transformed, and used for research by Starr Hoffman and Samantha Godbey.This data was merged using R; R scripts for this merge can be made available upon request. Some variables changed names or definitions during this time; a view of these variables over time is provided in the related Figshare Project. Carnegie Classification changed several times during this period; all Carnegie classifications were crosswalked to the 2000 classification version; that information is also provided in the related Figshare Project. This data was used for research published in several articles, conference papers, and posters starting in 2018 (some of this research used an older version of the dataset which was deposited in the University of Nevada, Las Vegas's repository).SourcesAll data sources were downloaded from the National Center for Education Statistics website https://nces.ed.gov/. Individual datasets and years accessed are listed below.[dataset] U.S. Department of Education, National Center for Education Statistics, Academic Libraries component, Integrated Postsecondary Education Data System (IPEDS), (2020, 2018, 2016, 2014), https://nces.ed.gov/ipeds/datacenter/login.aspx?gotoReportId=7[dataset] U.S. Department of Education, National Center for Education Statistics, Academic Libraries Survey (ALS) Public Use Data File, Library Statistics Program, (2012, 2010, 2008, 2006, 2004, 2002, 2000, 1998, 1996), https://nces.ed.gov/surveys/libraries/aca_data.asp[dataset] U.S. Department of Education, National Center for Education Statistics, Institutional Characteristics component, Integrated Postsecondary Education Data System (IPEDS), (2020, 2018, 2016, 2014), https://nces.ed.gov/ipeds/datacenter/login.aspx?gotoReportId=7[dataset] U.S. Department of Education, National Center for Education Statistics, Fall Enrollment component, Integrated Postsecondary Education Data System (IPEDS), (2020, 2018, 2016, 2014, 2012, 2010, 2008, 2006, 2004, 2002, 2000, 1998, 1996), https://nces.ed.gov/ipeds/datacenter/login.aspx?gotoReportId=7[dataset] U.S. Department of Education, National Center for Education Statistics, Human Resources component, Integrated Postsecondary Education Data System (IPEDS), (2020, 2018, 2016, 2014, 2012, 2010, 2008, 2006), https://nces.ed.gov/ipeds/datacenter/login.aspx?gotoReportId=7[dataset] U.S. Department of Education, National Center for Education Statistics, Employees Assigned by Position component, Integrated Postsecondary Education Data System (IPEDS), (2004, 2002), https://nces.ed.gov/ipeds/datacenter/login.aspx?gotoReportId=7[dataset] U.S. Department of Education, National Center for Education Statistics, Fall Staff component, Integrated Postsecondary Education Data System (IPEDS), (1999, 1997, 1995), https://nces.ed.gov/ipeds/datacenter/login.aspx?gotoReportId=7
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Overall educational attainment measures the highest level of education attained by a given individual: for example, an individual counted in the percentage of the measured population with a master’s or professional degree can be assumed to also have a bachelor’s degree and a high school diploma, but they are not counted in the population percentages for those two categories. Overall educational attainment is the broadest education indicator available, providing information about the measured county population as a whole.
Only members of the population aged 25 and older are included in these educational attainment estimates, sourced from the U.S. Census Bureau American Community Survey (ACS).
Champaign County has high educational attainment: over 48 percent of the county's population aged 25 or older has a bachelor's degree or graduate or professional degree as their highest level of education. In comparison, the percentage of the population aged 25 or older in the United States and Illinois with a bachelor's degree in 2023 was 21.8% (+/-0.1) and 22.8% (+/-0.2), respectively. The population aged 25 or older in the U.S. and Illinois with a graduate or professional degree in 2022, respectively, was 14.3% (+/-0.1) and 15.5% (+/-0.2).
Educational attainment data was sourced from the U.S. Census Bureau’s American Community Survey 1-Year Estimates, which are released annually.
As with any datasets that are estimates rather than exact counts, it is important to take into account the margins of error (listed in the column beside each figure) when drawing conclusions from the data.
Due to the impact of the COVID-19 pandemic, instead of providing the standard 1-year data products, the Census Bureau released experimental estimates from the 1-year data in 2020. This includes a limited number of data tables for the nation, states, and the District of Columbia. The Census Bureau states that the 2020 ACS 1-year experimental tables use an experimental estimation methodology and should not be compared with other ACS data. For these reasons, and because data is not available for Champaign County, no data for 2020 is included in this Indicator.
For interested data users, the 2020 ACS 1-Year Experimental data release includes a dataset on Educational Attainment for the Population 25 Years and Over.
Sources: U.S. Census Bureau; American Community Survey, 2023 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using data.census.gov; (16 October 2024).; U.S. Census Bureau; American Community Survey, 2022 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using data.census.gov; (29 September 2023).; U.S. Census Bureau; American Community Survey, 2021 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using data.census.gov; (6 October 2022).; U.S. Census Bureau; American Community Survey, 2019 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using data.census.gov; (4 June 2021).; U.S. Census Bureau; American Community Survey, 2018 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using data.census.gov; (4 June 2021).; U.S. Census Bureau; American Community Survey, 2017 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (13 September 2018).; U.S. Census Bureau; American Community Survey, 2016 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (13 September 2018). U.S. Census Bureau; American Community Survey, 2015 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (19 September 2016).; U.S. Census Bureau; American Community Survey, 2014 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2013 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2012 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2011 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2010 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2009 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2008 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2007 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2006 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).; U.S. Census Bureau; American Community Survey, 2005 American Community Survey 1-Year Estimates, Table S1501; generated by CCRPC staff; using American FactFinder; (16 March 2016).
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United States US: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data was reported at 27.502 % in 2014. This records an increase from the previous number of 27.227 % for 2013. United States US: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data is updated yearly, averaging 27.227 % from Dec 2010 (Median) to 2014, with 5 observations. The data reached an all-time high of 28.463 % in 2012 and a record low of 25.653 % in 2010. United States US: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Education Statistics. Expenditure on tertiary education is expressed as a percentage of total general government expenditure on education. General government usually refers to local, regional and central governments.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Median;
The Higher Education Research and Development (HERD) Survey is the primary source of information on R&D expenditures at U.S. colleges and universities. The survey collects information on R&D expenditures by field of research and source of funds and also gathers information on types of research, expenses, and R&D personnel. The survey is an annual census of institutions that expended at least $150,000 in separately accounted for R&D in the fiscal year. This dataset includes HERD assets for 2021.
The Higher Education General Information Survey (HEGIS) series was designed to provide comprehensive information on various aspects of postsecondary education in the United States and its territories (American Samoa, Guam, Puerto Rico, the Virgin Islands, and the Marshall Islands) and Department of Defense schools outside the United States. This data collection contains information about the residence and migration of college students, elicited as part of the HEGIS XIX package. The package was distributed to approximately 3,379 colleges and universities and their branches located in the United States and its outlying territories. Only students enrolled at the institution for the first time at each of the following class levels were reported: (1) undergraduate, (2) graduate, (3) first-professional, and (4) unclassified. Variables provide information on enrollment, institution name, state of residence, part- and full-time status, and transfers. Information regarding institution name, enrollment number, accreditation type, sex, and race of students is included in this study as well.
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This data collection contains information from the first wave of High School and Beyond (HSB), a longitudinal study of American youth conducted by the National Opinion Research Center on behalf of the National Center for Education Statistics (NCES). Data were collected from 58,270 high school students (28,240 seniors and 30,030 sophomores) and 1,015 secondary schools in the spring of 1980. Many items overlap with the NCES's NATIONAL LONGITUDINAL STUDY OF THE CLASS OF 1972 (ICPSR 8085). The HSB study's data are contained in eight files. Part 1 (School Data) contains data from questionnaires completed by high school principals about various school attributes and programs. Part 2 (Student Data) contains data from surveys administered to students. Included are questionnaire responses on family and religious background, perceptions of self and others, personal values, extracurricular activities, type of high school program, and educational expectations and aspirations. Also supplied are scores on a battery of cognitive tests including vocabulary, reading, mathematics, science, writing, civics, spatial orientation, and visualization. To gather the data in Part 3 (Parent Data), a subsample of the seniors and sophomores surveyed in HSB was drawn, and questionnaires were administered to one parent of each of 3,367 sophomores and of 3,197 seniors. The questionnaires contain a number of items in common with the student questionnaires, and there are a number of items in common between the parent-of-sophomore and the parent-of-senior questionnaires. This is a revised file from the one originally released in Autumn 1981, and it includes 22 new analytically constructed variables imputed by NCES from the original survey data gathered from parents. The new data are concerned primarily with the areas of family income, liabilities, and assets. Other data in the file concentrate on financing of post-secondary education, including numerous parent opinions and projections concerning the educational future of the student, anticipated financial aid, student's plans after high school, expected ages for student's marriage and childbearing, estimated costs of post-secondary education, and government financial aid policies. Also supplied are data on family size, value of property and other assets, home financing, family income and debts, and the age, sex, marital, and employment status of parents, plus current income and expenses for the student. Part 4 (Language Data) provides information on each student who reported some non-English language experience, with data on past and current exposure to and use of languages. In Parts 5-6, there are responses from 14,103 teachers about 18,291 senior and sophomore students from 616 schools. Students were evaluated by an average of four different teachers who had the opportunity to express knowledge or opinions of HSB students whom they had taught during the 1979-1980 school year. Part 5 (Teacher Comment Data: Seniors) contains 67,053 records, and Part 6 (Teacher Comment Data: Sophomores) contains 76,560 records. Questions were asked regarding the teacher's opinions of their student's likelihood of attending college, popularity, and physical or emotional handicaps affecting school work. The sophomore file also contains questions on teacher characteristics, e.g., sex, ethnic origin, subjects taught, and time devoted to maintaining order. The data in Part 7 (Twins and Siblings Data) are from students in the HSB sample identified as twins, triplets, or other siblings. Of the 1,348 families included, 524 had twins or triplets only, 810 contained non-twin siblings only, and the remaining 14 contained both types of siblings. Finally, Part 8 (Friends Data) contained the first-, second-, and third-choice friends listed by each of the students in Part 2, along with identifying information allowing links between friendship pairs.
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Graph and download economic data for Consumer Unit Characteristics: Percent College by Race: White, Asian, and All Other Races, Not Including Black or African American (CXU980310LB0902M) from 1984 to 2023 about asian, consumer unit, white, tertiary schooling, education, percent, and USA.
In 2022, about 37.7 percent of the U.S. population who were aged 25 and above had graduated from college or another higher education institution, a slight decline from 37.9 the previous year. However, this is a significant increase from 1960, when only 7.7 percent of the U.S. population had graduated from college. Demographics Educational attainment varies by gender, location, race, and age throughout the United States. Asian-American and Pacific Islanders had the highest level of education, on average, while Massachusetts and the District of Colombia are areas home to the highest rates of residents with a bachelor’s degree or higher. However, education levels are correlated with wealth. While public education is free up until the 12th grade, the cost of university is out of reach for many Americans, making social mobility increasingly difficult. Earnings White Americans with a professional degree earned the most money on average, compared to other educational levels and races. However, regardless of educational attainment, males typically earned far more on average compared to females. Despite the decreasing wage gap over the years in the country, it remains an issue to this day. Not only is there a large wage gap between males and females, but there is also a large income gap linked to race as well.