June 15, 2007

In Brief

PETITION ABANDONED: A former board member of Missouri's student-loan authority has abandoned his push to let voters decide whether the state should sell part of the nonprofit agency's assets to pay for campus construction and college scholarships. Allan Purdy said he withdrew his petition because it was unlikely to make it onto the ballot. But Mr. Purdy said he still opposed the sale, approved recently by the General Assembly, which would free $350-million of the Missouri Higher Education

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