Education
- Working Paper
Income-Driven Repayment Plans for Student Loans: Working Paper 2020-02
Learn how CBO projects the budgetary cost of student loans repaid through income-driven plans. This working paper provides information on the characteristics of borrowers in those plans and on the methods used to project borrowers’ earnings, repayment, and resulting forgiveness.
- Report
Estimates of the Cost of Federal Credit Programs in 2021
Using FCRA procedures, CBO estimates that new loans and loan guarantees issued in 2021 would result in savings of $41.8 billion. But using fair-value estimates, CBO projects that they would have a lifetime cost of $46.8 billion.
- Report
Income-Driven Repayment Plans for Student Loans: Budgetary Costs and Policy Options
CBO examines how enrollment in income-driven plans has changed and how those plans will affect the federal budget. CBO projects the costs of two sets of options that would change the availability of such plans or change borrowers’ payments.
- Report
The Budget and Economic Outlook: 2020 to 2030
In CBO’s projections of the outlook under current law, deficits remain large by historical standards, federal debt grows to 98 percent of GDP by 2030, and the economy expands at an average annual rate of 1.7 percent from 2021 to 2030.
- Presentation
The Cost of Federal Student Loan and Repayment Programs
Presentation by Justin Humphrey, an analyst in CBO’s Budget Analysis Division, to the Postsecondary National Policy Institute.
- Report
Use of the Post-9/11 GI Bill by the National Guard and Reserves
In 2016, members of the reserve component received an average of $12,500 in benefits (measured in 2018 dollars) under the Post-9/11 GI Bill. This report describes their use of those benefits and compares how the reserve and regular components use their benefits.
- Cost Estimate
H.R. 4407, SCORE for Small Business Act of 2019
As passed the House of Representatives on October 21, 2019
- Cost Estimate
H.R. 4372, MSI STEM Achievement Act
As ordered reported by the House Committee on Science, Space, and Technology on September 25, 2019
- Cost Estimate
H.R. 4373, Engineering Biology Research and Development Act of 2019
As ordered reported by the House Committee on Science, Space, and Technology on September 25, 2019
- Cost Estimate
S. 496, Young Fishermen’s Development Act
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 24, 2019