The United States spends more than other developed nations on its students' education each year, with parents and private foundations picking up more of the costs. Despite the spending, U.S. students still trail their rivals on international tests. The United States spent more than $11,000 per elementary student in 2010 and more than $12,000 per high school student. When researchers factored in the cost for programs after high school education such as college or vocational training, the United States spent $15,171 on each young person in the system — more than any other nation covered in the report.