YSK: New Mexico makes so much money from oil and natural gas revenues they can afford free universal child care, free school meals and free college for residents!
Thanks to surplus tax revenues from oil and natural gas production in the Permian Basin, New Mexico has created a comprehensive state funded social net for education and early childhood care:
Why YSK: If you live in New Mexico you can access thousands of dollars in free early childhood care, free college tuition and fees and free school breakfast and lunches WITHOUT strict income caps. Additionally it serves as a prominent real world example of how states can structure natural resource wealth into permanent educational trust funds.
u/DepartmentNatural — 7 days ago