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ERIC Number: ED366635
Record Type: RIE
Publication Date: 1993-Dec
Pages: 48
Abstractor: N/A
ISBN: ISBN-0-16-043020-8
ISSN: N/A
EISSN: N/A
Available Date: N/A
Federal Support for Education: Fiscal Years 1980 to 1993.
Hoffman, Charlene M.
The Federal Government provides support for education well beyond programs funded through the Department of Education. Federal support for education, excluding revenues foregone through allowable income tax deductions, was an estimated $87.5 billion in fiscal year (FY) 1993, an increase of $24.1 billion (38%) since FY 1990, representing, after adjustment for inflation, a 25% increase. This publication provides data on federal support and trends in recent years. On-budget federal funds for educational programs in FY 1993 were estimated at $68.4 billion, an increase of 33% since FY 1990 in current dollars (20% after adjustment for inflation). Nonfederal funds generated by federal programs (predominantly postsecondary education loans) were estimated at $19.0 billion, a rise of 62% in current dollars from 1990 to 1993. The period marked an increase in on-budget program funds for elementary and secondary education of 12%, with a decrease of 13% in funds for postsecondary education, and a 58% increase in other education funds. It is noted that elementary and secondary schools and colleges derive only about 11% of their revenues from the Federal Government. Three figures and nine tables provide detailed information about expenditures, with an additional six detailed tables in six appendices. (SLD)
U.S. Government Printing Office, Superintendent of Documents, Mail Stop: SSOP, Washington, DC 20402-9328.
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: National Center for Education Statistics (ED), Washington, DC.
Grant or Contract Numbers: N/A
Author Affiliations: N/A
Note: For the previous edition, see ED 354 623.