It is no secret that New Mexico’s educational system is failing. Unfortunately, despite tough economic times and a $600 million deficit for FY 2010, many view reform as being too expensive.

Thankfully, as Rio Grande Foundation Adjunct Scholar Sarah McIntosh points out in her new study, “Tuition Tax Credits in New Mexico: Saving Money, Creating Educational Opportunities,” New Mexico politicians should consider adopting a system of tax credits which would expand educational opportunities for low-income and needy children throughout the state while not costing taxpayers any additional money or even saving money.

The full study is available here.