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Supplement or Supplant? Estimating the Impact of State Lottery Earmarks on Higher Education Funding
Education Finance and Policy ( IF 1.778 ) Pub Date : 2020-01-01 , DOI: 10.1162/edfp_a_00262
Elizabeth Bell 1 , Wesley Wehde 2 , Madeleine Stucky 3
Affiliation  

In the wake of declining state support for higher education, many state leaders have adopted lottery earmark policies, which designate lottery revenue to higher education budgets as an alternative funding mechanism. However, despite the ubiquity of lottery earmarks for higher education, it remains unclear whether this new source of revenue serves to supplement or supplant state funding for higher education. In this paper, we use a difference-in-differences design for the years 1990–2009 to estimate the impact on state appropriations and state financial aid levels of designating lottery earmark funding to higher education. Main findings indicate that lottery earmark policies are associated with a 5 percent increase in higher education appropriations, and a 135 percent increase in merit-based financial aid. However, lottery earmarks are also associated with a decrease in need-based financial aid of approximately 12 percent. These findings have serious distributional implications that should be considered when state lawmakers adopt lottery earmark policies for higher education.

中文翻译:

补充或替代?估计国家彩票专用款对高等教育经费的影响

在国家对高等教育的支持下降之后,许多国家领导人采取了彩票专用政策,该政策将彩票收入指定为高等教育预算,作为替代性供资机制。然而,尽管普遍存在着用于高等教育的彩票专用性,但尚不清楚这种新的收入来源是否能补充或取代国家对高等教育的资助。在本文中,我们使用1990-2009年间的差异设计来估算为高等教育指定彩票专用资金对州拨款和州财政援助水平的影响。主要发现表明,彩票专用政策与高等教育拨款增加5%和基于绩效的财政援助增加135%有关。然而,彩票专用性也与基于需求的财政援助减少了约12%有关。这些发现具有严重的分布意义,当州立法者对高等教育采用彩票专用政策时,应予以考虑。
更新日期:2020-01-01
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