The forecasted public spending on tertiary education in the US from 2024 to 2028 indicates a gradual decline in percentage share of total education spending. Starting at 33.69% in 2024, the value drops incrementally each year to 32.62% by 2028. This portrays a consistent downward trend, with slight year-on-year decreases approximately around 0.83% from 2024 to 2025 and 0.77% from 2025 to 2026, suggesting a stable diminishing trend. The CAGR for the five-year period indicates an average annual decline in the percentage share of about 0.82%.

Future trends to watch for:

Shifts in policy that could impact funding allocations towards tertiary education.
Changes in demographic trends which may affect demand for tertiary education.
Potential economic factors, such as a recession, which may lead to tightened budgets.
Technological advancements and the rise of alternative education platforms potentially influencing public education spending.