The Federal Education Budget Project publishes policy papers and issue briefs about education policy and budget issues. This page provides links to all of FEBP’s publications.
- July 13, 2009
Each year, the federal government guarantees billions of dollars in loans disbursed through the Federal Family Education Loan (FFEL) Program, a public-private partnership that provides financial aid to students attending institutions of higher education. Despite the significant investment of taxpayer dollars, the actual administration of the FFEL Program is largely handled by participating lenders and a group of 35 non-federal guaranty agencies across the country. Guaranty agencies perform a number of administrative functions, such as disbursing federal default insurance provided to private lenders issuing FFEL loans, preventing loan default, and collecting or rehabilitating loans that borrowers have failed to repay.
- June 8, 2009
On Monday, June 8, the New America Foundation's Federal Education Budget Project released "Equitable Resources in Low Income Schools: Teacher Equity and the Federal Title I Comparability Requirement" at an event on Capitol Hill. This event featured representatives from the White House, Representative George Miller's committee staff, and the National Education Association to discuss teacher equity and the comparability requirement in the law. Education Policy Program MaryEllen McGuire introduced the issue using this PowerPoint presentation.
- June 8, 2009
Teachers with the least experience and fewest credentials teach in our poorest schools, putting low-income students at a disadvantage. School finance disparities in teacher spending within school districts are a major cause of this problem. However, school district budgeting techniques mask these intra-district disparities, allowing administrators and policymakers to ignore them.
- May 27, 2009
In May of 2008, Congress passed the Ensuring Continued Access to Student Loans Act (ECASLA) in response to concern that credit market conditions could disrupt federal student loan availability. The law gives the U.S. Department of Education temporary authority to purchase federally backed student loans made by private lenders, effectively providing a secondary market for the loans. Congress opted to leave the new purchase authority largely undefined in statute, giving the Department considerable discretion to design and administer it.
- May 11, 2009
President Barack Obama submitted his first budget request to Congress on May 7, 2009. This request follows the initial summary budget request he submitted in February that included only aggregate funding levels for federal programs and agencies.