UMass student costs tied up in outcome of state budget talks

UMass student costs tied up in outcome of state budget talks

BOSTON — As University of Massachusetts officials take an extra month to decide on student charges for the next school year, they plan to advocate for additional state funding.

The university system's Administration and Finance Committee on Wednesday agreed to defer a planned vote on tuition and fees until a July meeting, after UMass President Marty Meehan suggested the decision be put on hold until the state's fiscal 2017 budget is finalized. State budget writers face a July 1 deadline.

With debt payment looming, House weighs Puerto Rico bill
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With debt payment looming, House weighs Puerto Rico bill

Associated Press

WASHINGTON (AP) — House Republican leaders and President Barack Obama pressured lawmakers in both parties to back legislation to help ease Puerto Rico's financial crisis as the U.S. territory faces a $2 billion debt payment in just over three weeks.

The House was scheduled to begin debate Thursday on a bill that would create a financial control board and restructure some of Puerto Rico's $70 billion debt. Republican and Democratic leaders support it, as does the Obama administration, but it faces opposition from both sides, as well, as some bondholders, unions and island officials who have lobbied against the bill.

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