The liberal group New Mexico Voices for Children has released a new report (covered in the Santa Fe New Mexican and with a quote from RGF’s Paul Gessing) that encourages imposition of an income cap on families of students receiving the Lottery Scholarship. The report is backed up by legislation House Bill 146 that would alter the eligibility rules for the program to favor those with lower incomes.
Enforcement of the bill would hinge on the bill’s attempt to limit the program to those “whose expected family contribution is less than one hundred fifty percent of the total cost of attendance as calculated by the financial aid officer of the public post-secondary educational institution.”
But should the program be limited based on income? There are problems with the Lottery scholarship program, especially the use of funds from the broader state budget to prop it up. Ultimately, we’d like to see the money available split up among eligible participants on an equitable basis for the students themselves to use as they see fit for their educations.