debt - NewBostonPost

umass

Meehan sees ‘reasonable’ increase in UMass student costs in 2016-17

STATE HOUSE — The University of Massachusetts Board of Trustees is expected to take up tuition and fee rates at a pair of June meetings, setting the stage for what UMass President Marty Meehan has predicted could be a "reasonable" rate increase. Tuition and fees will be on the

Bernie Sanders

Sanders breaks with White House on Puerto Rican rescue plan

LOS ANGELES (AP) — Democratic presidential candidate Bernie Sanders is breaking with the Obama administration and House lawmakers over a plan to restructure Puerto Rico's $70 billion in debt, saying the legislation would make "a terrible situation even worse." The Vermont senator writes in a letter released

congress

Congress, White House strike rescue deal for Puerto Rico

WASHINGTON (AP) — House Republicans and Democrats reached a rare, election-year deal with the White House to try to rescue Puerto Rico from $70 billion in debt as millions of Americans in the cash-strapped U.S. territory struggle with the loss of basic services. A revised House bill introduced late Wednesday

umass

UMass growth in spending and non-resident students challenged

BOSTON – Rapid growth in enrollment and capital spending in the University of Massachusetts system may be coming at the expense of its mission to serve in-state students, according to a study released this week by the Pioneer Institute in Boston. The study calls for tuition increase for out-of-state students. It

Bernie Sanders

Vermont college once run by Sanders’ wife to close

A college once run by Sen. Bernie Sanders' wife Jane has announced it's closing in two weeks, thanks to a crushing debt burden it took on during her presidency.

congress

Can Puerto Rico escape its $72 billion debt trap and avoid Greece’s fate?

To almost no one's surprise, Puerto Rico missed a US$422 million debt payment earlier this month, triggering fears among investors that additional defaults are on the way and increasing pressure on Congress to act.

Bernie Sanders

Study: Sanders’ economic plan piles $18T on federal debt

WASHINGTON (AP) — Sen. Bernie Sanders' tax and spending proposals would provide new levels of health and education benefits for American families, but they'd also blow an $18-trillion hole in federal deficits, piling on so much debt they would damage the economy. That sobering assessment comes from a

congress

Treasury Secretary heads to Puerto Rico to pressure Congress

WASHINGTON (AP) — Treasury Secretary Jacob Lew is calling attention to the effect Puerto Rico's $70 billion debt crisis is having on the millions of Americans who live there and on Congress' struggle to come up with a solution. Lew is making a one-day trip to Puerto Rico