According to columbianmissourian.com the governor of Missouri leaked out on a weekend that the state is planning on selling the assets of Missouri Higher Education Loan Authority.
The price tag for these assets - $350 million.
$335 million of that is to go towards capital improvement projects at state colleges.
At MU:
1. $85 for a new health sciences research center
2. $2 million for business incubator
3. $3 million for a plant research center
Elsewhere:
1. $25 million to a new scholarship program
2. $15 million to the Missouri Technology Corporation
and so on and so on....
Problem is, nobody knows who has the authority to sell the assets in the first place or whether they can be sold or not.
And, if sold, who will have control over the funds...everybody wants that.
And...why did the governor announce this when nobody was watching?
And...why do assets have to be sold off to keep universities afloat anyway?
And...well, there are lots of problems with higher-education management. Missouri is not exempt either.
What do you think?
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