At one point during the last session, there was a concern that lottery revenues were not keeping pace with spending for the scholarship program. In reaction to rather dire predictions, the legislature created a task force to examine the issue. It met all day yesterday. The good news is, the projections have become much more optimistic, showing manageable shortfalls in the next few years. The lottery scholarship program has a large reserve fund which appears to be able to sustain it through a slight turndown. For more information, see this article by Richard Locker of the Commercial Appeal:
http://www.commercialappeal.com/news/2010/aug/16/study-paints-rosier-picture-tennessee-scholarship-/
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