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Nixon softens budget cut to colleges

Governor Jay Nixon's office announced late Tuesday it may reduce the level of proposed 2013 cuts to higher education by six percent.

Columbia Representative Mary Still says while she's encouraged, she still thinks the cuts are deep.

"It's a lot better than what it was," she said. "But again I believe that we, as a state, need to decide what our values are. And do we value funding higher education?"

Cuts to higher education would stand at just under sixty million dollars.

Nixon's office says the move comes after a settlement of a lawsuit concerning fraudulent mortgages.

The figure is only an estimate, however.  Missouri attorney general Chris Koster says the state only "could" receive the forty million dollars in the future.