$562.6bn
$XX.Xbn
3m
2,327
$XXX.Xbn
Over the past five years, investment returns for private nonprofit universities surged dramatically, largely fueled by booming private equity and hedge fund activity. In 2021, these institutions enjoyed a staggering 684.0% jump in investment returns as a result of robust recovery from the pandemic and manageable interest rates. In contrast, public universities, which typically hold smaller endowments invested more in US equities and fixed-income assets, experienced more modest gains. Meanwhile, inflation and rising interest rates in 2022 reversed the boom for private nonprofits, while public universities' endowments showed resilience, stabilizing returns because of their focus on fixed-income assets. Skyrocketing investment returns bolstered surpluses, but rising wages have since brought down profit. Revenue has been sinking at a CAGR of 1.7% over the five years through 2024 to an estimated $562.6 billion. Revenue is set to swell 0.9% in 2024 alone.
Industry revenue has declined at a CAGR of 1.7 % over the past five years, to reach an estimated $562.6bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
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There are no companies that hold a large enough market share in the Colleges & Universities in the US industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including Bachelor's degrees, Master's degrees and Doctor's degrees. Bachelor's degrees is the largest segment of the Colleges & Universities in the US.
Bachelor's degrees suffer from a stagnating high school retention rate
This industry includes public and private universities and colleges that offer academic courses and grant baccalaureate or graduate degrees. The requirement for admission is a high school diploma or equivalent general academic training. Instruction is typically provided on physical campuses, although online education and other unorthodox settings are gaining popularity. This industry does not include for-profit institutions or community colleges.
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NAICS 611310 - Colleges & Universities in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Revenue skyrocketed in the wake of the pandemic. Significant government stimulus, high corporate profit, rising tuition, staggering investment returns and the enrollment of r...
Learn about an industry's products and services, markets and trends in international trade.
Bachelor's degrees suffer from a stagnating number of K-12 students graduating from high schools, reducing the number of prospective students moving on to universities.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Universities concentration follows the population distribution, with the Southeast region containing most public colleges in the country because of its large share of the popu...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Merger and acquisition activities are uncommon since each university values its own culture. Universities in this industry are also nonprofit, so they don't buy out competing...
Learn about the performance of the top companies in the industry.
There are no major companies. Education needs vary widely and are very localized, making it nearly impossible for any one school to control a significant share of the industr...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Steady sources of government funding help universities to continue running, even when they're losing money. Schools in this industry don't operate for profit, so they also en...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The performance of the equity market influences universities' endowment funds. Universities sometimes lose money when the stock market performs poorly. Private nonprofit scho...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Colleges & Universities in the US industry in United States is $562.6bn in 2024.
There are 2,327 businesses in the Colleges & Universities in the US industry in United States, which has declined at a CAGR of 0.2 % between 2019 and 2024.
The market size of the Colleges & Universities in the US industry in United States has been declining at a CAGR of 1.7 % between 2019 and 2024.
Over the next five years, the Colleges & Universities in the US industry in United States is expected to grow.
Providing higher education at colleges (except community colleges) and Providing higher education at universities are part of the Colleges & Universities in the US industry.
The level of competition is moderate and increasing in the Colleges & Universities in the US industry in United States.