Branson Missouri

Branson Edge

Tuesday, November 27, 2007

MOHELA Lawsuit Dismissed

A victory for the Blunt Administration and, in the view of Governor Matt Blunt (R-MO), a victory for Missouri students.

A class action lawsuit intended to stop the Governor's plan to sell off $335-Million worth of assets of MOHELA - the Missouri Higher Education Loan Authority - has been dismissed. Governor Blunt says the Lewis and Clark Discovery Initiative hopes what he calls a bogus lawsuit will be the end of the legal action against the MOHELA deal, but he can't guarantee anything.

The plan has already seen $62-Million distributed to colleges and universities for state-of-the-art learning and research centers and other campus construction.



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