THE NEW MEXICO SENATE HAS PASSED A BILL CHANGING THE STATE’S LOTTERY SCHOLARSHIP PROGRAM. BUT NOT EVERYONE LIKES THE IDEA. FRED NATHAN WITH “THINK NEW MEXICO” TELLS 770 KKOB THE MEASURE COULD END UP HURTING THE SCHOLARSHIP FUND. HE SAYS THE GROUP’S MAIN PROBLEM IS IT REPEALS THE MINIMUM 30 PERCENT OF THE LOTTERY’S MONTHLY REVENUE GOING TO THE SCHOLARSHIP FUND.
THE BILL’S SUPPORTERS SAY, WITH THE 30 PERCENT REQUIREMENT ELIMINATED, THE LOTTERY WILL BE ABLE TO AWARD BIGGER PRIZES…LEADING TO MORE REVENUE AND MORE SCHOLARSHIP MONEY. ABOUT 30-THOUSAND UNIVERSITY STUDENTS IN THE STATE BENEFIT FROM LOTTERY SCHOLARSHIPS.
