Thursday, March 27, 2008

Funding From the Florida Lottery

There is a common misconception among people outside of the educational forum on how much money the lottery actually gives to education. id like to make it more apparent that the lottery doesn't give as much as we'd like to believe. I'm going to use FAU as an example for how much funding the lottery gives the State university System. From tuition FAU receives approx. $65million, and from the State budget approx. $125million. this is for general educational funding. now i have attached a link to the lottery homepage that gives a diagram of how much money they give. as you will see it is considerably smaller than people think, because it has to be divided up among all of the universities. the claims that the lottery funds education needs to be rethought and made apparent to the masses so that we can find another way to increase funding, i don't know how we as a state can go about finding another revenue stream to fund education because I'm not an expert but i do believe experts need to start thinking it over.

1 comment:

Anonymous said...

We all think that the lottery is a huge help to education, well now we see that is not the case. I have seen ads for a new addition to the lottery where if you give more money towards one ticket you have the chance to win more. I wounder if that will bring more money to Florida's already poor educational system?