This is just a quickie about Florida and the college system here. I'm a UF economics student and am naturally curious about fiscal matters. Here in Florida, there is a Bright Futures scholarship which basically pays the full college tuition of any Florida resident who meets the criteria; a certain GPA, SAT score and volunteer hours (75 hrs I think) is all it takes. Now, this is clearly a cross-subsidy, but I always thought it was financed by tax dollars, which would've made it OK. It turns out majority of Bright Futures money comes from the sale of lottery tickets.
Why is this wrong?
If you look at college attendance demographics, the average college student (especially at UF) has a somewhat higher income than the FL average (I'm talking about the student's family's income). The average lottery player is barely above the poverty line. So basically, the state of Florida finances the college education of the middle class with the "hope money" of the poor. Nothing dramatic and visibly evil, but if you ask me, pretty wrong :/ .







