Governor Matt Blunt meets with more than a dozen university and community college professors to update them on his proposal to sell Missouri Higher Education Loan Authority assets. Following the meeting, Blunt and the presidents met the media, with the Governor talking up the proposed MOHELA deal. Blunt says the proposal would provide $335-Million for capital improvement projects at colleges and universities across the state, with another $25-Million of state money being spent for student scholarships. As for the ongoing dispute with Attorney General Jay Nixon over the legality of the sale, Blunt insists the deal is on solid legal ground, but he asked that the presidents not be dragged into what he considers a political squabble. Blunt has maintained the Board of MOHELA is within its right to sell the assets without getting legislative approval to do so.
