Missouri’s state auditor urged lawmakers to communicate more effectively and ensure financing when determining future higher-education projects, according to a review released today. Susan Montee, the auditor, found that a 2007 plan to sell assets of the state’s student-loan agency and transfer some of that money to campus construction projects omitted three priority construction projects, while including some nonpriority ones. The Missouri Higher Education Loan Authority made an initial $230-million payment in 2007, but has delayed others since. In 2009, Gov. Jay Nixon, a Democrat who opposed the plan when he was the state’s attorney general, suspended many of the building projects because of a lack of money.
|
Previous Congress Approves Supplemental Spending Bill Without More Money for Pell Grants |
Next Colleges Haven’t Widely Adopted Strategies to Control Drinking, Study Finds |
State Audit Questions Oversight and Priorities of Missouri Loan Agency
July 28, 2010, 1:00 pm
Confirm Your Email Address
You must confirm the email address associated with your account to use this Chronicle feature.
If you have already confirmed your account, try refreshing your browser.
E-mail a Friend

