Covering the business of education and training

Some states have a greater population. Some have more schools of higher education. And some just cost more.

Here are the top ten states that spend the most on higher education.

The numbers are billions of dollars 

1. California - 10.14 - up 20% over the past two years.

2. Texas - 5.24 - up 13.7%

3. New York - 4.39 - up 20.1%

4. Florida - 3.30 - up 12.3%

5. North Carolina - 2.96 - up 26.5%!

6. Illinois - 2.64 - up 3.9%

7. Ohio -  2.11 - up 3.5%

8. Georgia - 2.09 - up 14.5%

9. Pennsylvania - 2.05 - up 6.9*

10. New Jersey - 2.03 - up 5.0%

Altogether - $67,451,857,000 was spent on higher ed in 2006. That plus $5 billion more will be spent next year.

In the past two years...state spending has gone up 14.4%.

Where is all the money going?

What do you think?

The complete report.