Give me the money, give me the money, don't care where it comes from, just gimme, gimme, gimme. Honestly, I'm wondering if our universities would even call pitting Christians against lions a bad idea if they got a cut of the gate:
The state's university presidents said Thursday that Gov. Mitch Daniels' plan to privatize the state lottery and use the proceeds for scholarships and top professors could transform the state's higher education system and economy.
And it's not wrong for foundations to hope they are remembered in people's wills. But do they have to sound like they're going to be sitting at the death beds hoping people kick off sooner rather than later?
A new study projects $412 billion will be transferred among Indiana generations by 2055, with $66 billion changing hands by 2015. Commissioned by the Indiana Grantmakers Alliance, the study includes county-by-county projections showing the transfer of wealth from one generation to the next. If just 5 percent of that wealth is captured in donations to community foundations, there is the potential for $134 million in grants for improvements to Indiana communities in the next 10 years.
Comments
Wait a minute....sitting at the DEATH BEDS?
Didn't Kevorkian JUST GET OUT of jail?
How fortuitous the timing....
Hmm....
Seems there are better ways to handle this.
B.G.
Am I the only one who doesn't understand the lottery privatization effort? At least the toll road privatization argument was based on the fact that the state was currently losing money and thus could generate a substantial increase in funds. However, the lottery is NOT losing money. And using the money to fund college scholarships? Isn't the REAL problem that we are losing graduates (brain drain) and not that we aren't creating them?
Guess I should've read the story in today's paper first as it says part of the money would be spent on 1700 forgivable loans for those that would stay in Indiana after graduation...
I think they need to do something about the skyrocketing college costs. I wish someone would "forgive" my college loan. Another giveaway. This idea is absurd.
Hmmm their busting private poker games and cherry masters, but....privitizing the lottery.. sounds like the government to me.