February 7, 2012 5:00 AM

Nixon adds $40 million to proposed Missouri higher education budget

Missouri Gov. Jay Nixon announced Tuesday that he has amended his proposed 2013 budget to add $40 million in funding for the state’s public colleges and universities. The money would come from Missouri’s share of an expected legal settlement by states’ attorneys general with the nation’s five largest mortgage banks stemming from a federal probe of “robo-signing.”

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