![Page 1: What the Federal Budget Process Does to Higher Ed Jason Delisle Director, Federal Education Budget Project New America Foundation Delisle@newamerica.org](https://reader036.vdocuments.mx/reader036/viewer/2022081519/56649dca5503460f94ac06cb/html5/thumbnails/1.jpg)
What the Federal Budget Process Does to Higher Ed
Jason Delisle
Director, Federal Education Budget ProjectNew America [email protected]
![Page 2: What the Federal Budget Process Does to Higher Ed Jason Delisle Director, Federal Education Budget Project New America Foundation Delisle@newamerica.org](https://reader036.vdocuments.mx/reader036/viewer/2022081519/56649dca5503460f94ac06cb/html5/thumbnails/2.jpg)
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021800
850
900
950
1000
1050
1100
1150
1200
1250
1300
The Budget Fights: Appropriations Limits Pre- and Post-Sequestration
Pre-Sequestration Trigger Post-Sequestration Trigger Bipartisan Budget Act
$ in
bill
ions
Sources: New America Foundation, Congressional Budget Office
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2008 2009 2010 2011 2012 2013 20140
20
40
60
80
100
120
140
160
180
1.00
1.10
1.20
1.30
1.40
1.50
1.60
Total Education Appropriation & All AppropriationsFY 2008-FY 2014
ED Appropriation Sequester Total Appropriations
Dep
t. of
Ed
Appr
opria
tion:
$ in
bill
ions
Tota
l App
ropr
iatio
ns: $
in tr
illio
ns
Sources: New America Foundation, White House Office of Management and Budget
![Page 4: What the Federal Budget Process Does to Higher Ed Jason Delisle Director, Federal Education Budget Project New America Foundation Delisle@newamerica.org](https://reader036.vdocuments.mx/reader036/viewer/2022081519/56649dca5503460f94ac06cb/html5/thumbnails/4.jpg)
What is the
Pell Grant funding cliff?
![Page 5: What the Federal Budget Process Does to Higher Ed Jason Delisle Director, Federal Education Budget Project New America Foundation Delisle@newamerica.org](https://reader036.vdocuments.mx/reader036/viewer/2022081519/56649dca5503460f94ac06cb/html5/thumbnails/5.jpg)
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 202110.0
11.0
12.0
13.0
14.0
15.0
16.0
17.0
18.0
19.0
20.0
Pell Grant Funding Cliff: Additional Appropriation to Sustain Current Policy, FY 2008-FY 2021
Total Funding Funding Cliff
$ in
bill
ions
$104.9 billion
Sources: New America Foundation, Congressional Budget Office
March 2011CBO Baseline [After CR]
![Page 6: What the Federal Budget Process Does to Higher Ed Jason Delisle Director, Federal Education Budget Project New America Foundation Delisle@newamerica.org](https://reader036.vdocuments.mx/reader036/viewer/2022081519/56649dca5503460f94ac06cb/html5/thumbnails/6.jpg)
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 202110.0
11.0
12.0
13.0
14.0
15.0
16.0
17.0
18.0
19.0
20.0
Pell Grant Funding Cliff: Additional Appropriation to Sustain Current Policy, FY 2008-FY 2021
Total Funding Funding Cliff
$ in
bill
ions
March 2011CBO Baseline [Jan. 2012]
$77.5 billion
Sources: New America Foundation, Congressional Budget Office
![Page 7: What the Federal Budget Process Does to Higher Ed Jason Delisle Director, Federal Education Budget Project New America Foundation Delisle@newamerica.org](https://reader036.vdocuments.mx/reader036/viewer/2022081519/56649dca5503460f94ac06cb/html5/thumbnails/7.jpg)
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 202210.0
11.0
12.0
13.0
14.0
15.0
16.0
17.0
18.0
19.0
20.0
Pell Grant Funding Cliff: Additional Appropriation to Sustain Current Policy, FY 2008-FY 2022
Total Funding Funding Cliff
$ in
bill
ions
March 2012CBO Baseline
$68.7 billion
Sources: New America Foundation, Congressional Budget Office
![Page 8: What the Federal Budget Process Does to Higher Ed Jason Delisle Director, Federal Education Budget Project New America Foundation Delisle@newamerica.org](https://reader036.vdocuments.mx/reader036/viewer/2022081519/56649dca5503460f94ac06cb/html5/thumbnails/8.jpg)
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 202310.0
15.0
20.0
25.0
30.0
35.0
40.0
45.0
50.0
Pell Grant Funding Cliff: Additional Appropriation to Sustain Current Policy, FY 2008-FY 2023
Total Funding Funding Cliff
$ in
bill
ions
Sources: New America Foundation, Congressional Budget Office
$47.5 billion
Aug 2013 CBO Baseline
![Page 9: What the Federal Budget Process Does to Higher Ed Jason Delisle Director, Federal Education Budget Project New America Foundation Delisle@newamerica.org](https://reader036.vdocuments.mx/reader036/viewer/2022081519/56649dca5503460f94ac06cb/html5/thumbnails/9.jpg)
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 202410.0
15.0
20.0
25.0
30.0
35.0
40.0
45.0
50.0
Pell Grant Funding Cliff: Additional Appropriation to Sustain Current Policy, FY 2008-FY 2024
Total Funding Funding Cliff
$ in
bill
ions
$38.6 billion
April 2014CBO BaselineSources: New America Foundation, Congressional Budget Office
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Federal Student Loans
Interest Rates, Refinancing, and “Profits”
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Sen. Elizabeth Warren (D-MA)Photo licensed Creative Commons by Flickr user New America Foundation
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Tax Benefits for Higher Ed
Do Those Cost Money?
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2008 2009 2010 2011 2012 2013 2014$0.0
$5.0
$10.0
$15.0
$20.0
$25.0
$30.0
$8.94
$10.85
$20.26$21.96
$28.00 $27.42$28.23
Higher Ed Tax Benefits, FY 2008 - FY 2014
American Opportunity Tax Credit HOPE Tax Credit
Lifetime Learning Tax Credit Tuition and Fees Deduction
Student Loan Interest Deduction 529 (State Tuition) Plans
Coverdell Accounts (Edu IRAs)
$ in
bill
ions
Sources: New America Foundation, President’s Budget Requests FY 2009 – FY 2015