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Campbell, Sheila; Tawil, Natalie – Congressional Budget Office, 2019
The federal government pays for a wide range of goods and services that are expected to contribute to the economy for some years in the future. Those purchases, called investment, fall into three categories: physical capital, research and development (R&D), and education and training. There are several economic rationales for federal…
Descriptors: Federal Government, Investment, Federal Aid, Grants
Bass, Elizabeth – Congressional Budget Office, 2019
Beginning August 1, 2009, the Post-9/11 GI Bill extended educational benefits to service members who were on active duty in the military on or after September 11, 2001. This GI Bill (officially the Post-9/11 Veterans Educational Assistance Act of 2008), the latest version of a law that helps veterans pay for higher education, provides more…
Descriptors: Veterans, Federal Legislation, Educational Legislation, Student Financial Aid
Bass, Elizabeth – Congressional Budget Office, 2019
The Post-9/11 GI Bill provides educational benefits to service members and veterans who served on active duty on or after September 11, 2001. This GI Bill (officially the Post-9/11 Veterans Educational Assistance Act of 2008), which covers tuition, fees, housing, and related educational expenses, is managed by the Veterans Benefits Administration…
Descriptors: Federal Legislation, Veterans, Veterans Education, Military Personnel
Alsalam, Nabeel; Carrington, William – Congressional Budget Office, 2018
Higher education provides many benefits to students, including higher earnings, and to society, including increased tax receipts and reduced dependence on government assistance. But, in the Congressional Budget Office's (CBO's) view, there is no consensus on whether the current suite of federal programs and tax credits, or the amount of money…
Descriptors: Higher Education, Federal Aid, Student Financial Aid, College Students
Mok, Shannon; Shakin, Joshua – Congressional Budget Office, 2018
In 2016, the federal government provided students pursuing higher education with about $91 billion in direct financial support through a wide variety of spending programs and income and payroll tax preferences, the Congressional Budget Office estimates. The largest programs and preferences give financial assistance to students to offset the cost…
Descriptors: Federal Aid, Student Financial Aid, Federal Programs, Grants
Congressional Budget Office, 2013
In fiscal year 2011, the federal government provided $607 billion in grants to state and local governments. Those funds accounted for 17 percent of federal outlays, 4 percent of gross domestic product (GDP), and a quarter of spending by state and local governments that year. Over the past 30 years, those "intergovernmental" grants--financial…
Descriptors: Federal Aid, Grants, Federal Government, State Government
Congressional Budget Office, 2013
The Federal Direct Student Loan Program offers loans to students and their parents to help pay for postsecondary education. Under current law, about $1.4 trillion in new direct loans will be made to students between 2013 and 2023, the Congressional Budget Office (CBO) projects. Analysts and policymakers have raised concerns about various features…
Descriptors: Federal Aid, Student Financial Aid, Student Loan Programs, Paying for College
Congressional Budget Office, 2013
The Federal Pell Grant Program was created to improve the access of low-income students to postsecondary education. Grant recipients enroll at a variety of educational institutions, including four-year colleges and universities, for-profit schools, two-year community colleges, and institutions that specialize in occupational training. Grants are…
Descriptors: Federal Aid, Grants, Access to Education, Low Income Groups
Carrington, William; Dahl, Molly; Falk, Justin – Congressional Budget Office, 2013
The federal government devotes roughly one-sixth of its spending to 10 major means-tested programs and tax credits, which provide cash payments or assistance in obtaining health care, food, housing, or education to people with relatively low income or few assets. Those programs and credits consist of the following: (1) Medicaid; (2) the low-income…
Descriptors: Federal Government, Federal Aid, Federal Programs, Tax Credits
Campbell, Sheila; Tawil, Natalie – Congressional Budget Office, 2013
The federal government pays for a wide range of goods and services that are expected to be useful some years in the future. Those purchases, called investment, fall into three categories: physical capital, research and development (R&D), and education and training. There are several economic rationales for federal investment. It can provide…
Descriptors: Federal Government, Federal Aid, Investment, Grants
Congressional Budget Office, 2010
Colleges and universities enjoy a variety of federal tax preferences that are designed to support a broader public purpose--the advancement of higher education and research. Not only are institutions of higher learning exempt from paying federal income taxes, they also are eligible to receive tax deductible charitable contributions and allowed to…
Descriptors: Educational Finance, Colleges, Universities, Taxes
Lucas, Deborah; Moore, Damien – Congressional Budget Office, 2010
The Department of Education oversees various programs to help students pay for the costs of postsecondary education. This Congressional Budget Office (CBO) study focuses on the two largest student loan programs created under the authority of the Higher Education Act of 1965 (as amended): (1) The Federal Family Education Loan (FFEL) program, which…
Descriptors: Federal Aid, Student Loan Programs, Federal Programs, Politics of Education
Piccinini, Kristy; Zimmerman, Dennis – Congressional Budget Office, 2009
This Congressional Budget Office (CBO) paper, which was prepared at the request of the Ranking Member of the Senate Finance Committee, compares athletic departments' share of revenue from commercial sources with that of the rest of the schools' activities to assess the degree of their commercialization. It also discusses the benefits of…
Descriptors: College Athletics, Physical Activities, Income, Audits (Verification)
Lex, Leo – Congressional Budget Office, 2009
In this report, part of an annual series that began in 1997, the Congressional Budget Office (CBO) reviews its activities under the Unfunded Mandates Reform Act of 1995. The report covers public laws enacted and legislation considered by the Congress in 2008 that would impose federal mandates on state, local, or tribal governments or on the…
Descriptors: Federal Government, Budgeting, Federal Legislation, Expenditures
Lex, Leo – Congressional Budget Office, 2009
Federal law sometimes requires state, local, or tribal governments to spend money to achieve certain goals. In some cases, a requirement is imposed as a condition for receiving federal aid; in others, requirements can be imposed through the exercise of the federal government's sovereign power. The Unfunded Mandates Reform Act of 1995 (UMRA)…
Descriptors: Federal Aid, Federal Legislation, Federal Government, Costs
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