Private Schools in the US - Industry Market Research Report

Make the Grade: An Anticipated Increase in Government Funding Will Likely Continue to Boost Industry Revenue

The Private Schools industry includes private primary and secondary educational institutions. Private school revenue is heavily dependent on student enrollment. Falling enrollment has weighed on tuition income, despite rising tuition. Revenue has risen at a CAGR of 0.4% to reach $90.6 billion, while dropping 1.8% in 2023. Profit hits 6.0%, down from 2018.

The Private Schools industry comprises primary (grades K-6) and secondary (grades 7-12) educational institutions that are predominantly funded through tuition fees and other private sources. While these schools may receive indirect government funding through special programs, such sources of income constitute a small portion of industry revenue. Government-funded schools are included in the Public Schools industry (IBISWorld report 61111a).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.