A recent analysis by Studocu reveals that U.S. colleges and universities are increasingly spending on academic support and student services to enhance student retention and graduation rates. During the 2022-23 academic year, the average expenditure was about $3,334 on student services and $4,198 on academic supports per full-time equivalent student, a cost largely funded by the students themselves. Ivy League schools led the spending, with Yale investing $1.8 billion, highlighting the disparity in resources available to different institutions.
Yale University spent the most on academic supports in fiscal year 2023, with a staggering $1.8 billion, reflecting the growing financial commitment of elite institutions to student success.
The analysis highlights that wealthy institutions typically invest more per student in academic and student services, demonstrating a significant gap in resources among higher education providers.
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