The federal government spends an estimated $273 million annually on financial literacy1 and education programs and activities across 23 federal agencies and entities. These programs are designed to educate Americans about a wide array of financial literacy and education topics. However, in 2012, the Government Accountability Office (GAO) issued a…

This report provides an overview of the U.S. Department of Health and Human Services (HHS) programs, accomplishments, challenges, and Management's accountability for the resources. It provides fiscal and summary performance results that enable the President, Congress, and the American people to asses their accomplishments for the reporting period…

Concern over Social Security's forecasted long-run deficit is occurring at a time when the program has a short-term surplus. One proposed strategy to address this forecasted deficit is to allow the investment of a portion of payroll taxes into private savings accounts (PSAs). The author analyzes recent proposals for PSAs and concludes that PSAs…

Fiscal year 1995 marks the first year during which an independent audit was conducted of the U.S. Department of Education's financial statements. This first annual accountability report describes the department's history, current mission, priorities, and progress. It highlights the department's program and fiscal accomplishments and describes…

The Office of Inspector General (OIG) has undertaken a number of initiatives for the 6-month period ending September 30, 1996, to help Education Department managers identify and address issues whose successful resolution is critical to the department's fiscal and management integrity. This semiannual report highlights those activities, which are…

The Office of Inspector General (OIG) works to assist the Department of Education in ensuring the integrity of its operations and improving its programs. During the 6 months this report covers, OIG issued 60 audit and inspection reports and memoranda, and closed 104 investigations. More specifically, OIG investigated purchase-card abuse and…

The seventh module in a 17-module self-instructional course on student financial aid administration (designed for novice student financial aid administrators and other personnel) teaches how to calculate the cost of attendance. It provides a systematic introduction to the management of federal financial aid programs authorized by the Higher…

This guide suggests ways that states may expend their federal Temporary Assistance for Needy Families (TANF) and State Maintenance-of-Effort (MOE) funds. The guide is organized into these seven sections: (1) "Introduction" provides background information, explaining the progress that has been made on welfare reform, what the funding…