Special Report
Education Funding

Looking Under the Hood of the Economic Recovery

January 05, 2011 1 min read

This page reports an original EPE Research Center analysis of the data contained in detailed quarterly reports submitted to the federal government by some 222,000 prime and subrecipients of funding under the American Recovery and Reinvestment Act. The data were obtained through the recovery.gov website and are cumulative through Sept. 30, 2010, the end point of the most recent reporting period. Recipient-reported data may not be consistent with other public sources because of differences in reporting periods, the types of funding tracked, and other causes.

An Engine of Job Recovery

Strengthening American education has been touted as a key ingredient for sustained economic renewal. The unprecedented infusion of federal funding through the stimulus also aims to counteract job losses resulting from the worsened economic environment. Recipients of ARRA aid report that those dollars have helped create or save about 650,000 jobs, more than half of which were linked to funds distributed by the U.S. Department of Education. To gauge the rate of return for stimulus spending against the key objective of job creation, the EPE Research Center calculated the number of jobs created or saved for every $1 million of ARRA funding awarded. With a score of 4.2 on this jobs-creation index, the U.S. Department of Education ranks first among the 10 agencies accounting for the largest numbers of jobs. Across all federal agencies, an average of 2.7 jobs have been created for every $1 million in stimulus spending.

Download a detailed chart that shows education jobs created or saved (PDF):

Download PDF

Stimulus Spending By Agency

To date, ARRA recipients have received a total of $242.6 billion in funding, with those dollars flowing at an average rate of about $12.4 billion per month since the stimulus was enacted in February 2009. The U.S. Department of Education leads all federal agencies with awards of $80.6 billion, about one-third of total recovery spending.

View a detailed chart that shows stimulus spending by agency:

Download PDF

Percent of Jobs Created or Saved by Agency

Download a chart that shows the percent of jobs created or saved by agency (PDF):

Jobs-Creation Index

Number of jobs created or saved for every $1 million in funding awarded.

Education: 4.2
Labor: 3.8
Justice: 3.6
Interior: 3.3
HHS: 3.2
HUD: 2.4
EPA: 2.2
Transportation: 1.7
Energy: 1.3
GSA: 1.0


SOURCE: EPE Research Center, 2011

Events

Student Well-Being Webinar Boosting Teacher and Student Motivation During the Pandemic: What It Takes
Join Alyson Klein and her expert guests for practical tips and discussion on how to keep students and teachers motivated as the pandemic drags on.
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Student Well-Being Webinar
A Holistic Approach to Social-Emotional Learning
Register to learn about the components and benefits of holistically implemented SEL.
Content provided by Committee for Children
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Student Well-Being Webinar
How Principals Can Support Student Well-Being During COVID
Join this webinar for tips on how to support and prioritize student health and well-being during COVID.
Content provided by Unruly Studios

EdWeek Top School Jobs

Interdisciplinary STEAM Specialist
Smyrna, Georgia
St. Benedict's Episcopal School
Interdisciplinary STEAM Specialist
Smyrna, Georgia
St. Benedict's Episcopal School
Arizona School Data Analyst - (AZVA)
Arizona, United States
K12 Inc.
Software Engineer
Portland, OR, US
Northwest Evaluation Association

Read Next

Education Funding Opinion What's It Take for Philanthropy to Help Rural Schools?
Place-based philanthropy has enormous potential to revitalize rural communities. The trick is, it’s tough to get this sort of approach right.
4 min read
Image shows a multi-tailed arrow hitting the bullseye of a target.
DigitalVision Vectors/Getty
Education Funding Summer School, Extended Learning a Priority in $129 Billion COVID-19 Relief Bill
The reconciliation bill from House Democrats is an early attempt at what's shaping up to be a new federal aid package for education.
5 min read
A staff member holds the door open for kids on the first day of school at Goodwin Frazier Elementary School in New Braunfels, Texas on Tuesday, Aug. 25, 2020.
A staff member holds the door open for kids on the first day of school at Goodwin Frazier Elementary School in New Braunfels, Texas on Tuesday, Aug. 25, 2020.
Mikala Compton/Herald-Zeitung via AP
Education Funding Details of Biden's Education Relief Pitch Prioritize Smaller Classes, Avoiding Layoffs
The administration's breakdown of COVID-19 needs also includes $50 billion for social distancing and $29 billion for learning recovery.
5 min read
Image of the White House seal
Bet Noire/Getty
Education Funding Lawmakers Push $75 Billion for Learning Recovery Among Trio of COVID-19 Bills
The legislation, which also covers school infrastructure and education jobs, could become the vehicle for Biden's K-12 relief plan.
6 min read
Rep. Bobby Scott, D-Va., speaks during a news conference in Washington on June 24, 2020.
Rep. Bobby Scott, D-Va., speaks during a news conference in Washington on June 24, 2020.
Manuel Balce Ceneta/AP