Amazing how much more is spent on higher education and health care in the US than in the rest of the world. The gap between the US and other countries would be even larger if shown as spending per person, as GDP per capita is larger in the US than in the other countries.
At least with higher education spending the US has created the highest quality system in the world. With the health care system it seems like much of that extra spending is just wasted. But, spending on higher education is getting out of hand and needs to be reigned in as well.
Also interesting how over half of the spending on higher education and health care comes from private sources in the US, while in the rest of the world the government picks up the majority of the tab.
via The Economist and The Economist