A new study of the Hope Scholarships program, which is funded by the Georgia lottery, contends the program could run out of money for the broad base of students who now receive the funding. However, the study includes a number of assumptions to reach its conclusion, and Ray Perren, president of Lanier Technical College, noted all of those assumptions “probably are not going to play out exactly the way they assume.” The study done by the Committee to Preserve Hope Scholarships concludes, “that portion of Hope that supports the state’s average students — those for whom the program was created — will be out of money” by 2028.