Department of Education: Resource and Achievement Trends
Abstract
Since the Department of Education (Education) began operations in fiscal year1980, its mission has included promoting student achievement and ensuring equal access to educational opportunity. To do so, Education partners with state and local governments, which provide most of the resources to school districts for K-12 programs. Federal funds accounted for 6 to 13 percent of the annual funding for public K-12 schools from 1980 to 2014, according to the most recent available data (see figure). Education also provides funds to help support higher education. In fiscal year 2016, Education provided $30.8 billion for selected higher education federal grant and work study programs and was responsible for a portfolio of $1.3 trillion in outstanding student loans.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 2018
- Accession Number
- AD1173033
Entities
People
- Jacqueline M. Nowicki
Organizations
- United States Government Accountability Office