Governor Matt Blunt has a new plan for selling some of the assets of the Missouri Higher Education Loan Authority, and this time he has lined up House and Senate leaders to support it. His first plan got no traction during the legislative session this year. The new plan calls for the sale of $350-Million worth of MOHELA’s assets. $332-Million would be used for university facilities. The rest would go for equipment replacement at the Unviersity of Missouri School of Dentistry and for an endowment to attract and keep high-tech companies. The Board of MOHELA has to approve the asset sale. The Board will meet next month.
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