The Education Trust Board is the governing body for New Mexico’s 529 college savings programs. The board is administratively attached to the New Mexico Higher Education Department. Members are appointed by the Governor, Senate Pro Tem and Speaker of the House of Representatives.
The board is responsible for making rules and regulations for the development and implementation of the Education Trust Act, including preserving program benefits and ensuring appropriate use of tax benefits.
Board meetings are open to the public. A schedule of meetings is posted under Meetings and Documents.
ETB Members and Admin
Sandra Liggett, JD
Sandy Liggett is the General Counsel of the New Mexico Higher Education Department. She has served as inside counsel to both colleges and universities and their affiliated organizations for more than thirty years. Most recently, Sandy served as Deputy Counsel to the University of New Mexico and General Counsel to the UNM Foundation. She has served as a frequent speaker and writer on legal issues within higher education, such as liability management and insurance, federal tax laws, corporate structure and compliance with federal civil rights laws. Sandy holds a BA degree from Northwestern University and a JD from Catholic University.
Robert J. Desiderio
Emeritus Professor of Law Robert J. Desidero was the Dean of the University of New Mexico, school of Law from 1979 to 1985 and again from 1997 to 2003, and served as a professor of law for the school over several decades. Mr. Desiderio’s research interests include tax-exempt organizations, state and local taxation and remedies, and he is the author of several books. Mr. Desiderio practices with Sanchez, Mowrer and Desiderio, P.C., in the areas of tax-exempt organizations, tax law, and business and commercial transactions. He has the education and experience to handle major business transactions with federal tax implications and coordinates complex litigation matters. Mr. Desiderio is also experienced in the legislative and administrative process, having worked on many legislative projects for the New Mexico state legislative and Governor’s office.
Dr. Jose Z. Garcia
Dr. Jose Z. Garcia served as Secretary of the New Mexico Higher Education Department from 2011-2014. Dr. Garcia has been a professor at New Mexico State University (NMSU) since 1975 and was the director of the NMSU Center for Latin American and Border Studies from 1991 to 2003. He has published numerous articles on U.S.-Latin American relations and was a past member of the New Mexico Border Authority.
Dr. Garcia earned his B.A. in Diplomacy and World Affairs from Occidental College, was a Fulbright Scholar to Ecuador, earned his M.A. from the Fletcher School of Law and Diplomacy at Tufts University, was a Ford Foundation seminar participant in Santiago, Chile and graduated from the University of New Mexico with a doctorate in political science.
Nusenda Credit Union Chief Financial Officer Dave Jansen currently oversees the Accounting Department, Asset Liability Management, Cash and Liquidity Management, Investments, Mortgage Loan Servicing and Mortgage Secondary Marketing for the Credit Union. Mr. Jansen has over 30 years of financial institution experience including 25 years of mortgage banking experience. He has a B.S. in Accountancy, is a CPA, and earned a NASD Series 6 Securities License in 2003.
Mark D. Jarmie
Attorney Mark D. Jarmie has had a long and distinguished career in law. He has served as a clerk to a Chief Judge of the U.S. Court of Appeals, and was appointed to serve as an Assistant U.S. Attorney, where he prosecuted a wide variety of cases including white collar crime and political corruption cases. He has also been the senior prosecutor and chief of the New Mexico Attorney General’s Special Prosecutions Division. Mr. Jarmie was later appointed as the director of the Albuquerque City Attorney’s Civil Rights Division, where he defended suits brought against the Albuquerque Police Department, and developed and taught an innovative civil rights training program required for all APD officers. He has twice been awarded the New Mexico State Bar Distinguished Service award, and is a member of the American Board of Trial Advocates.
Formerly a Senior Business Executive at State Street Bank & Trust Company, Boston, Ted Miller has had a long career focused on the large institutional investor business. He spent 18 years at State Street, part of the time as Chief Operating Officer of Schoolhouse Capital, State Street’s entry into the 529 college savings market. Mr. Miller has a JD from Suffolk University Law School and an LLM (Taxation) from Boston University School of Law. He has been in New Mexico since 2004.