JEFFERSON CITY, Mo. -- A court hearing has been set for Tuesday on a lawsuit attempting to stop Missouri's student loan agency from transferring money to the state for college building projects.
The lawsuit by student borrowers seeks a preliminary injunction barring the Missouri Higher Education Loan Authority from transferring $350 million to the state for college and business development projects over several years, as stipulated in a law signed earlier this year by Gov. Matt Blunt.
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