Latest Loan Sale Plan Includes $94 Million for Mu Projects

Summary


Most of the money generated by a new plan to sell state student loan assets to finance college building projects will probably be available within 90 days, state Rep. Ed Robb, R-Columbia, said today.

Robb predicted that before the end of the year, $200 million would be forthcoming from the new arrangement that has been endorsed by Gov. Matt Blunt and legislative leaders.

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Latest Loan Sale Plan Includes $94 Million for Mu Projects

"This is a huge plus, obviously, for Columbia and the university," said Robb, who is vice chairman of the House Budget Committee. "I've been very wo...

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