Republicans say their MOHLEA plan is solid and blame losses on economy

Intro: Republicans strongly support their MOHLEA bill and blame losses on economic conditions. Laura Nichols has more from the Capitol. RunTime:0:00
OutCue: SOC Republican's reacted to charges that the sale of Missouri's Higher Education Loan Authority has led to it's recent economic troubles. Republican Senator Scott Rupp from Wentzville said any monetary problems are due to the economy and the sale has nothing to do with the losses.

Actuality: RUPP3.WAV

Run Time: 00:13

Description: "MOHELA would have been experiencing the same issues if we would have passed this bill or not because of the changes that were done on the federal government, on the student loan market, and the credit crunch crisis that's going on right now."

Democratic candidate for state treasurer Clint Zweifel said the sale is keeping MOHELA from provided necessary aid to students. From the Capitol, I'm Laura Nichols.

Intro: Democratic Nominee for Treasurer and a former MOHELA board member criticized Governor Blunt's legislation and blamed it for MOHELA's recent monetary losses.

Laura Nichols has more from the Capitol.

RunTime:0:26
OutCue: SOC

Democratic Nominee for Treasurer Clint Zweifel brought accusations to Republican Governor Matt Blunt for the sale of Missouri Higher Education Loan Authority.

Former MOHELA board member John Greer said the legislation destroyed the loan authorities availibility to help students.

Actuality: GREER2.WAV

Run Time: 00:15

Description: "Anybody that sided in whether it was Hulshoff, or whether it was my Senator, my Representative, or any other politician that sided in with the Governor in this venture is terribly wrong and really narrow-minded.."

Republican Senator Scott Rupp from Wentzville said the poor economic conditions are to blame for the current MOHELA financial losses.

Reporting from the Capitol, I'm Laura Nichols.

Intro: Democrats blame Governor Matt Blunt and his bill for the MOHELA losses. Laura Nichols has more from the Capitol.

RunTime:0:00
OutCue: SOC

House Minority Whip Rachel Storch says that the nation's poor economic conditions contributed to the financial losses of Missouri Higher Education Loan Authority, but mostly blamed Republicans for embracing failed practices and their inability to change them.

Actuality: STORCH1.WAV

Run Time: 00:10

Description: "The way I see it is that Governor Blunt put us in a position where putting up new buildings on campus is coming at the expense of young people in Missouri who are struggling for a college education."

Republican Senator Scott Rupp from Wentzville defended the MOHELA sale saying it was solid and monetary losses resulted from poor economic conditions. Rupp also blames the Federal government's adjustments to the student loan rates.

Reporting from the Capitol, I'm Laura Nichols.

Intro: Democratic Nominee for Treasurer and a former MOHELA board member criticized Governor Blunt's legislation and blamed it for MOHELA's recent monetary losses.

Laura Nichols has more from the Capitol.

RunTime:0:26
OutCue: SOC

Democratic Nominee for Treasurer Clint Zweifel brought accusations to Republican Governor Matt Blunt for the sale of Missouri Higher Education Loan Authority.

Former MOHELA board member John Greer said the legislation destroyed the loan authorities availibility to help students.

Actuality: GREER2.WAV

Run Time: 00:15

Republican Senator Scott Rupp from Wentzville said the poor economic conditions are to blame for the current MOHELA financial losses.

Reporting from the Capitol, I'm Laura Nichols.