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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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Federal Grants to State and Local Governments

report

March 5, 2013

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  • Additional Data

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

report

February 11, 2013

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Student Loan Programs—February 2013 Baseline

data or technical information

February 6, 2013

read complete document  (pdf, 302 kb)

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Pell Grant Programs—February 2013 Baseline

data or technical information

February 6, 2013

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H.R. 3120, Student Visa Reform Act

cost estimate

July 11, 2012

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H.R. 4348, MAP-21

cost estimate

June 29, 2012

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H.R. 4970, Violence Against Women Reauthorization Act of 2012

cost estimate

May 11, 2012

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Estimated Budgetary Impact of Bills to Prevent the Scheduled Increase in Interest Rates on New Federal Student Loans

blog post

April 27, 2012


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H.R. 4628, Interest Rate Reduction Act

cost estimate

April 26, 2012

read complete document  (pdf, 35 kb)

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S. 2343, Stop the Student Loan Interest Rate Hike Act of 2012

cost estimate

April 25, 2012

read complete document  (pdf, 17 kb)

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