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Many of the world's most prestigious higher education institutions are located in the United States embracing for about 7,000 colleges/universities and approximately 15 million students. The American higher education system includes institutions that focus on one or more study areas such as vocational, business, engineering, technical, or liberal arts.
The American university and college system consists of both public and privately operated institutions. Moreover, schools can be non-profit or for-profit. Tuition and living costs of public education are typically lower than for private (attendance for undergraduates at public four-year institutions costs near $15,000 per year versus close to $30,000 for private, for-profit, four-year institutions).
American higher education system of institutions is represented by various types of degree-granting schools. They are as follows: