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ERIC Number: ED607131
Record Type: Non-Journal
Publication Date: 2019-Jun-19
Pages: 3
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
5¢ Makes Sense: Increase the Education Investment to 5 Cents of Every Federal Dollar
Committee for Education Funding
Spending on education accounts for just 2 percent of the United States annual federal budget of more than $4 trillion. That total counts all spending for Head Start, federal elementary and secondary services including Title I and special education, career and adult education, and student aid including Pell grants and student loans. That's just 2 cents of every federal dollar invested in education even though public schools serve 90 percent of all students, and the increasing cost of college makes higher education a struggle for many. The federal government invests only 2 percent of its budget in education even though we know that money matters in education -- that every $1 invested in early childhood education saves at least $7 in later societal costs, that students who graduate from college earn more and have lower unemployment rates than those with just a high school degree. Every dollar wisely invested in education makes sense. Helping students of all ages achieve and succeed makes sense. Supporting them by increasing the federal investment to five percent of the budget makes sense.
Committee for Education Funding. 1640 Rhode Island Avenue NW Suite 600, Washington, DC 20036. Tel: 202-383-0083; Fax: 202-463-4803; Web site: http://www.cef.org
Publication Type: Reports - Descriptive
Education Level: Early Childhood Education; Elementary Secondary Education; Higher Education; Postsecondary Education; Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Committee for Education Funding (CEF)
Identifiers - Laws, Policies, & Programs: Pell Grant Program
Grant or Contract Numbers: N/A