Questions raised on Blunt's revised MOHELA plan

Questions raised on Blunt's revised MOHELA plan

Date: August 28, 2006
By: Hillari Duthoo
State Capitol Bureau

Intro: Missouri lawmakers raise questions over Blunt's new MOHELA plan. 

RunTime:
OutCue: SOC

Under latest version of the governor's plan, $25 million of the revenue from the sale of the state's college loan authority would go to existing scholarships.

A far cry from Blunt's original proposal of $100 million. 

Some other differences include the addition of the Missouri Development Finance Board, which will serve as a channel for the revenue from the sale of college loans between MOHELA and the schools.

Senate Pro Tem Mike Gibbons says the governor's move is legal.

Actuality:  GIBBSON1.WAV
Run Time: 00:14
Description: "There's been a lot of laywers studying this question and I think there's great confidence that the use of money as it's been proposed by governor Blunt is in fact legal."
 

The plan failed in the House during the eleventh hour of the last legislative session in May.

In Jeffereson City, I'm Hillari Duthoo.


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