Lauren Spierer, now 20, disappeared in June after a night out partying with friends in Bloomington.
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Hundreds of people walked to Dunn Meadow wearing blue in honor of Lauren. Then three bands kept the crowd's spirits up as the rain showered down.
IU men's basketball coach Tom Crean co-hosted the event and told students they needed to look after each other and treat one another like family. He also emphasized the need to help the Spierer's find closure.
"We gotta do everything we can do to help this family," he told the crowd. "They don't get to go home and hug her. They don't get to call her. They don't get to text her. They don't get to Facebook with her."
Lauren's parents also took the stage to thank everyone for coming and urged people to come forward with any information.
"We hope that as a result of tonight's concert, someone who knows something - because we believe somebody does - will come forward and help us," said Rob Spierer.