Department of Education:

Information on Consolidation Opportunities and Student Aid

T-HEHS-95-130: Published: Apr 6, 1995. Publicly Released: Apr 6, 1995.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Pursuant to a congressional request, GAO discussed federally supported education programs, focusing on: (1) potential opportunities to consolidate overlapping programs; (2) potential cost savings associated with the proposed direct student loan program; and (3) the Department of Education's efforts to strengthen its procedures for determining which schools participate in federal student financial aid programs. GAO noted that: (1) the Department of Education administers 244 education programs with a fiscal year (FY) 1995 budget of $33 billion, while other federal agencies administer an additional 308 education programs with a total FY 1995 budget of $37 billion; (2) opportunities exist to eliminate or consolidate 187 education programs, although many factors need to be considered to determine how to achieve maximum efficiency from consolidation; (3) the Department of Education has projected cost savings of $12 billion, which may overstate the savings associated with direct lending reform; and (4) although the Department of Education has established new review processes and training programs to strengthen its "gatekeeping" practices, it is too soon to determine their effectiveness.

Feb 22, 2018

Feb 7, 2018

Jan 23, 2018

Dec 18, 2017

Nov 30, 2017

Sep 20, 2017

Sep 14, 2017

Sep 13, 2017

Jul 18, 2017

Looking for more? Browse all our products here