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New Mexico Senate Blocks Rescue Plan for College

March 20, 2009
 

New Mexico's Senate is blocking legislation to allow a state takeover of the College of Santa Fe, a private college that could close in May without a rescue plan. KOB News 4 reported that senators believe that the college may have more financial obligations than have been discussed. In addition, senators told the station that they worry about the state having enough money for public higher education. Gov. Bill Richardson, however, has pledged to continue to push for the legislation to save the college.

 

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