Higher educational achievement benefits both society and individuals, and it is associated with higher earnings for individuals during their working life. On average, across member countries of the Organization for Economic Co-operation and Development (OECD), earnings increase with the level of educational attainment. However, such countries have considerably high public expenditures on higher education industries. The United States (U.S.) government provides loans to students to help them enroll in higher education institutions and allocates considerable finances to support schools. The U.S. registered major increases in student enrollment from 2005 to 2010, and expenditure per student decreased. The government did not increase spending at the same pace as enrollment increased, and this posed a major problem in higher education. In this study, the author explored higher-education-related financial affairs in the U.S., including expenditure, revenue, and performance-based funding for higher education.