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Education

Education in the United States is primarily the responsibility of states and localities. However, the federal government annually provides about 10 percent of the funding for K–12 schooling and helps students finance higher education through two major programs—one that makes loans to borrowers and one that provides grants to low-income students. Between 2000 and 2009, the volume of outstanding federal student loans more than quadrupled to reach $630 billion and annual spending for grants more than tripled to stand at $27 billion. The federal tax code also offers favorable taxation treatment to educational institutions. CBO has analyzed the costs and economic impact of these and other policies that affect education.
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S. 1094, Strengthening America’s Schools Act of 2013

cost estimate

September 13, 2013

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  • Options to Change Interest Rates and Other Terms on Student Loans

    June 10, 2013
  • Costs and Policy Options for Federal Student Loan Programs

    March 25, 2010
  • Pell Grant Programs—May 2013 Baseline

    May 14, 2013
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The Pell Grant Program: Recent Growth and Policy Options

report

September 5, 2013

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The Pell Grant Program: Recent Growth and Policy Options

Sep 2013 - In the 2011–2012 academic year, 9.4 million students received $34 billion in Pell grants. How would tightening eligibility or changing grant amounts affect the program’s costs or the number of recipients?

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Subsidy Rates for Student Loans Under the May 2013 Baseline and as Adjusted for Enactment of Public Law 113-28, the Bipartisan Student Loan Certainty Act of 2013

data or technical information

August 12, 2013

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H.R. 1911, Bipartisan Student Loan Certainty Act of 2013

cost estimate

July 22, 2013

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H.R. 2637, Supporting Academic Freedom through Regulatory Relief Act

cost estimate

July 30, 2013

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H.R. 2094, School Access to Emergency Epinephrine Act

cost estimate

July 22, 2013

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H.R. 5, Student Success Act

cost estimate

July 10, 2013

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related publications


  • Growth in Means-Tested Programs and Tax Credits for Low-Income Households

    February 11, 2013
  • Refundable Tax Credits

    January 24, 2013
  • Supplemental Security Income: An Overview

    December 11, 2012
  • SNAP - Report

    April 19, 2012
  • Spending Patterns for Prescription Drugs Under Medicare Part D

    December 01, 2011
  • An Overview of Federal Support for Housing

    November 03, 2009
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Testimony on Means-Tested Programs and Tax Credits for Low-Income Households

report

June 18, 2013

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related publications


  • Cost estimate for the final (enacted) legislation

    July 22, 2013
  • H.R. 1911, Smarter Solutions for Students Act

    May 20, 2013
  • Fair-Value Estimates of the Cost of Federal Credit Programs in 2013

    June 28, 2012
  • Costs and Policy Options for Federal Student Loan Programs

    March 25, 2010
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Options to Change Interest Rates and Other Terms on Student Loans

report

June 10, 2013

read complete document  (pdf, 1068 kb)

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