SB140 creates a government subsidized college scholarship program. The estimated 2022 year-end balances for the funds would leave the new opportunity scholarship with $24.5 million. This bill makes college tuition-free for most New Mexicans and establishes the most wide-reaching tuition-free scholarship program in the United States.
The New Mexico State Senate passed SB140 on February 13, 2022 by a vote of 30 to 6. We have assigned pluses to the nays because the use of taxpayer dollars to provide free college for people is a gross waste of resources. This expands the size of government and embraces Marxism by creating a socialist program. Free college is not a constitutional right.