RIO RANCHO, N.M. — Gov. Michelle Lujan Grisham has put forth a plan, set for debate in the 2020 legislature, for “free” college for New Mexico residents.
For many families, this may seem like an unadulterated good thing. As the parent pondering — and already saving for — the college educations of his three children, I understand that reaction.
But, from the viewpoint of an economist or even someone who is simply concerned about New Mexico’s future, there are several serious problems.