Education in the United States is provided in public and private schools and by individuals through homeschooling. State governments set overall educational standards, often mandate standardized tests for K–12 public school systems and supervise, usually through a board of regents, state colleges, and universities. The bulk of the $1.3 trillion in funding comes from state and local governments, with federal funding accounting for about $260 billion in 2021 compared to around $200 billion in past years.

Private schools are free to determine their own curriculum and staffing policies, with voluntary accreditation available through independent regional accreditation authorities, although some state regulation can apply.

In 2013, about 87% of school-age children (those below higher education) attended state-funded public schools, about 10% attended tuition and foundation-funded private schools, and roughly 3% were home-schooled.
Extract the amounts of federal funding provided to state and local governments for education in the past year
$260 Billion