State to Hold MOHELA Hearings

1 decade 2 years 4 months ago Friday, February 03 2006 Feb 3, 2006 Friday, February 03, 2006 9:15:36 PM CST February 03, 2006 in News

The office noted successful public hearings in the sale of Health Midwest in Kansas City and St. Louis University Hospital. Hearings will put everything in the public record about the sale of the Missouri Higher Education Loan Agency.

"When you have a lack of openness, that tends to raise more questions," said John Fougere, press secretary for Attorney General Jay Nixon. "And by having these public hearings, we want to get to the bottom of that and give the chance for the public to do that as well."

Nixon's office wants a fair and open sale and a fair price with the proceeds supporting MOHELA's mission, including providing quality services and benefits for higher education, money for improving higher education and money for the state.

Gov. Blunt's office says Missouri law protects the state and MOHELA in the sale, keeping money separate from other revenue. Blunt's spokewoman says, whatever happens, the sale won't change MOHELA's operation.

"MOHELA has designed a plan that will allow them, within their regular business plan, and in their everyday business process, they often buy and sell loans," explained Jessica Robinson. "They are going to dissolve a portion of their loans and assets in order to provide $450 million to fully fund the governor's Lewis and Clark initiative."

In four years, MOHELA will provide the $450 million to higher education, and according to Gov. Blunt's office, benefits will continue for future generations.

Times and locations of the public hearings will be announced in the next few weeks.

More News

Grid
List
BALLWIN (AP) — Another bear sighting has people concerned in part of Missouri, but this time, it's deep into... More >>
1 hour ago Monday, June 18 2018 Jun 18, 2018 Monday, June 18, 2018 9:45:39 AM CDT June 18, 2018 in News
BOONE COUNTY – The Katy Trail will see more bike traffic than usual this week with the 2018 Katy Trail... More >>
3 hours ago Monday, June 18 2018 Jun 18, 2018 Monday, June 18, 2018 7:33:00 AM CDT June 18, 2018 in News
COLUMBIA- Columbia is under a heat advisory until Monday evening. The National Weather Service issued the advisory on Friday.... More >>
13 hours ago Sunday, June 17 2018 Jun 17, 2018 Sunday, June 17, 2018 9:29:00 PM CDT June 17, 2018 in News
FULTON - Forty people with disabilities will learn how to ride a two-wheel bicycle at the iCan Bike camp this... More >>
13 hours ago Sunday, June 17 2018 Jun 17, 2018 Sunday, June 17, 2018 9:18:00 PM CDT June 17, 2018 in News
COLUMBIA - Missouri is the first and only state to define "meat" as exclusively animal product. The Missouri General... More >>
17 hours ago Sunday, June 17 2018 Jun 17, 2018 Sunday, June 17, 2018 4:55:00 PM CDT June 17, 2018 in News
COLUMBIA - The city will discuss the results of the 2017 Community Survey at Monday's city council meeting. Used... More >>
18 hours ago Sunday, June 17 2018 Jun 17, 2018 Sunday, June 17, 2018 4:06:00 PM CDT June 17, 2018 in News
ROCHEPORT - The Sunny Oaks Charity Horse Show brought about 20 riders out Sunday afternoon to compete for ribbons and... More >>
19 hours ago Sunday, June 17 2018 Jun 17, 2018 Sunday, June 17, 2018 3:36:00 PM CDT June 17, 2018 in News
SPRINGFIELD - A Hickman High School graduate has surrounded herself with Kewpies. The dolls' trademark round eyes watch happily from... More >>
1 day ago Sunday, June 17 2018 Jun 17, 2018 Sunday, June 17, 2018 8:05:00 AM CDT June 17, 2018 in News
COLUMBIA - Hundreds of people impacted by cancer gathered together on a track Saturday in support of cancer fighters and... More >>
1 day ago Saturday, June 16 2018 Jun 16, 2018 Saturday, June 16, 2018 10:11:00 PM CDT June 16, 2018 in News
JEFFERSON CITY - A podiatrist with the Jefferson City Medical Group is the first doctor in Missouri to use a... More >>
1 day ago Saturday, June 16 2018 Jun 16, 2018 Saturday, June 16, 2018 6:42:00 PM CDT June 16, 2018 in News
COLUMBIA - At "Shred Fest," a local skateboarding competition, keeping participants safe was a top concern. An organization provided free... More >>
1 day ago Saturday, June 16 2018 Jun 16, 2018 Saturday, June 16, 2018 6:18:00 PM CDT June 16, 2018 in News
WASHINGTON, D.C. (CNN) - President Donald Trump suggested Saturday that he is using his administration's separation of families at the... More >>
1 day ago Saturday, June 16 2018 Jun 16, 2018 Saturday, June 16, 2018 3:14:00 PM CDT June 16, 2018 in News
KANSAS CITY, Kan. (AP) — A second sheriff's deputy died early Saturday from injuries suffered when an inmate... More >>
2 days ago Saturday, June 16 2018 Jun 16, 2018 Saturday, June 16, 2018 6:45:00 AM CDT June 16, 2018 in News
JEFFERSON CITY - The Juneteenth Heritage Festival is keeping the history of Juneteenth alive in mid-Missouri. Juneteenth is a... More >>
2 days ago Saturday, June 16 2018 Jun 16, 2018 Saturday, June 16, 2018 4:29:00 AM CDT June 16, 2018 in News
BOONE COUNTY - A death, a huge cache of weapons and a suspect who's gun jammed as he was aiming... More >>
2 days ago Friday, June 15 2018 Jun 15, 2018 Friday, June 15, 2018 8:06:00 PM CDT June 15, 2018 in News
COLUMBIA - Boone County's Republican clerk and the Democrat running against him have differing opinions over voter fraud. Challenger... More >>
2 days ago Friday, June 15 2018 Jun 15, 2018 Friday, June 15, 2018 6:59:00 PM CDT June 15, 2018 in News
COLUMBIA - Columbia’s City Channel was recently recognized for creative excellence in production by The Telly Awards Judging Council. Producers... More >>
2 days ago Friday, June 15 2018 Jun 15, 2018 Friday, June 15, 2018 6:43:00 PM CDT June 15, 2018 in News
KANSAS CITY, Kan. (AP) — One Wyandotte County sheriff's deputy is dead and one is in critical condition after... More >>
2 days ago Friday, June 15 2018 Jun 15, 2018 Friday, June 15, 2018 6:04:00 PM CDT June 15, 2018 in News
Columbia, MO
Broken Clouds 89°
11am 89°
12pm 91°
1pm 93°
2pm 94°