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- Report
This document incorporates data through 2009. It focuses on the growing number of foreign-born workers, the countries from which they have come, their educational attainment, the types of jobs they hold, and their earnings.
- Blog Post
People born in other countries are a growing presence in the U.S. labor force. In 2009, more than 1 in 7 people in the U.S. labor force were born elsewhere; 15 years earlier, only 1 in 10 was foreign born. About 40 percent of the foreign-born labor force in 2009 was from Mexico and Central America, and more than 25 percent was from Asia.
- Report
Tax Arbitrage by Colleges and Universities
- Blog Post
Colleges and universities enjoy a variety of federal tax preferences that are designed to support a broader public purpose—the advancement of higher education and research. Not only are institutions of higher learning exempt from paying federal income taxes, they also are eligible to receive tax-deductible charitable contributions and allowed to use tax-exempt debt to finance capital expenditures.
- Report
This CBO study compares the budgetary and fair-value costs of the federal student loan programs. It also looks at several options for modifying those programs.
- Blog Post
The federal government helps students finance higher education through two major loan programs—one that guarantees loans made by private lenders, and one that makes loans directly to borrowers. Between 2000 and 2009, the volume of outstanding federal student loans more than quadrupled, from about $149 billion to about $630 billion.
- Report
Letter to the Honorable Judd Gregg
- Blog Post
This afternoon CBO responded to Senator Greggs requestfor estimates of the budgetary impact of the Presidents proposal to eliminate the federal program that provides guarantees for student loans and to replace those loans with direct loans made by the Department of Education.