# U.S. Department of Education

U.S. Department of Education is a Government Agency based in Washington, United States.

## Overview

- **Organization type:** Government Agency
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** Washington, D.C., United States
- **Founded:** 1980
- **Assets under management:** Undisclosed
- **Website:** ed.gov
- **LinkedIn:** https://www.linkedin.com/company/usedgov

## Regulatory record

- **Reports private funds:** No

## About

Our mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access. ED is dedicated to: • Establishing policies on federal financial aid for education, and distributing as well as monitoring those funds. • Collecting data on America's schools and disseminating research. • Focusing national attention on key educational issues. • Prohibiting discrimination and ensuring equal access to education.

## Sectors

- Education
- Student Loans
- Grants & Subsidies
- Regulatory Oversight

## People

- Miguel Cardona — Secretary of Education
- James Kvaal — Under Secretary of Education

## Questions

### Who runs investment decisions at the U.S. Department of Education?

Investment decisions are not made in the private-allocator sense. The Secretary of Education, currently Miguel Cardona, oversees the agency's budget execution but has no discretion over total funding — that is set by Congress. Program-level disbursements are managed by career officials in the Office of Federal Student Aid (FSA), which operates as a performance-based organization (per the department's organizational chart).

### Does the Department of Education participate in fund commitments or only direct deals?

It does not participate in either. The agency's financial outlays are grants, loans, and work-study wages — not fund commitments or direct equity deals. The Federal Student Aid office manages the loan portfolio as a fiscal agent, not an investor (per Congressional Research Service, 2025).

### Which sectors does the Department of Education explicitly avoid?

The department operates only in education and related civil-rights enforcement. It avoids all commercial sectors, private equity, real estate development, healthcare, technology — anything outside Title 20 of the U.S. Code. It can invest only in statutorily defined programs (per U.S. Code Title 20).

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Last updated: 2026-07-09T01:36:25.749Z

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