Republicans in the House are proposing a much different plan for spending money from the sale of Missouri Higher Education Loan Authority assets than the proposal being promoted by Governor Matt Blunt. House Speaker Rod Jetton of Marble Hill has announced how the Republican majority would like to spend the MOHELA money. The House would spend most of the money on scholarships – a total of $190-Million. It places capital improvements second, with $165-Million. That is a flip-flop of the priorities outlined by the Governor, who is also a Republican. The Blunt proposal would allocate $300-Million for capital improvements on college campuses throughout Missouri, with $100-Million dedicated for scholarships.
