Demonstrators interrupt committee hearing

By Rob Nikolewski on July 18, 2013

While members of the Legislative Finance Committee discussed public education Thursday morning (July 18), more than a dozen demonstrators interrupted the hearing and approached state Sen. John Arthur Smith, D-Deming, criticizing him for not holding a hearing during the past legislative session on a bill that would have dipped into the state’s Land Grant Permanent Fund to [...]

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Money and the NM Military Institute fight

By Rob Nikolewski on July 17, 2013

A bitter fight between the New Mexico Military Institute and the school’s erstwhile alumni association has been left to the courts.
Who knows how they will rule, but it will be a costly battle. That much is certain.
And the fact that NMMI is a state-supported entity leads to a host of questions, as does the fact [...]

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Near the bottom in education results, but NM is 25th in per student spending

By Rob Nikolewski on June 28, 2013

New Mexico’s public school consistently rank at or near the bottom in national surveys, often leading to calls for more spending.
But in the most recent national study by the National Education Association, New Mexico ranks 25th in the nation — smack dab in the middle — in state expenditures per student.
“It doesn’t really surprise me,” said [...]

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NM’s private equity scorecard: 19 of 28 funds in the red

By Rob Nikolewski on May 22, 2012

The internal rate of return on the 28 private equity investments made on behalf of the New Mexico State Investment Council (SIC) is at minus 4.4 percent — that’s an improvement from being down 18.2 percent but in a scorecard presented to members of the SIC on Tuesday (May 22), 19 of those investments are [...]

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