Most would shift to private four-year schools.. In 2002, states spent about $66 billion on higher education subsidies, a substantial fraction of the $289 billion spent on U.S. post-secondary education.According to the National Center for Education Statistics, U.S. post-secondary expenditures were $19,220 per student, the highest in the world.ost would shift to private four-year schools.. In 2002, states spent about $66 billion on higher education subsidies, a substantial fraction of the $289 billion spent on U.S. post-secondary education.
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