Documenting the Impact of Stimulus Funds

The White House on Monday released a report on the impact of federal stimulus funds on state budgets for education, with most of the attention in the report -- similar to the way most of the funds were used -- focused on K-12. The report finds that $2.2 billion of the $13.1 billion spent on education in the last academic year went to higher ed, and that $3.2 billion of the $20.3 billion to be spent this academic year will go to higher education. The report also features figures for individual states.