Why Would Santa Fe Voters Approve Bond for Santa Fe Community College?

On Tuesday, voters in Santa Fe will be asked to take on $35 million in new debt — paid by property tax revenues — to fund a variety of projects at the Community College. We at the Rio Grande Foundation typically have our concerns about government debt issuance and bonds and this one is no different.

The biggest issue is that New Mexico is already dramatically over-served in terms of higher education institutions. This is true both in terms of government employment and the sheer number of institutions relative to a state like Arizona.

Lastly, what services does Santa Fe Community College provide that the College of Santa Fe does not? Would it make sense to combine the schools or at least share some resources before going to the taxpayers for more money? Of course, if voters simply vote “yes,” none of these issues will be addressed.

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2 Replies to “Why Would Santa Fe Voters Approve Bond for Santa Fe Community College?”

  1. Is the number of colleges related to size of the state. I am interested in the statistics so I can be more knowledgeable and can evaluate the Arkansas systems.

    1. Well, the number of schools should certainly relate to the number of students available to attend them. It’s not like an unusually large number of students from outside New Mexico are coming to our schools of higher learning. We just have too many schools for too small a population.

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