http://www.ed.gov/about/pubs/intro/index.html?src=ln
ED was created in 1980 by combining offices from several federal agencies. Its original directive remains its mission today — to ensure equal access to education and to promote educational excellence throughout the nation. ED’s 4,500 employees and $71.5 billion budget are 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.