Education

University of Massachusetts students working this summer to pay for college could face a higher financial mountain to climb in the fall.

As the University of Massachusetts prepares to make a decision on student tuition and fee levels based on the state budget, House and Senate lawmakers on Thursday were working to pass a new spending accord for fiscal 2017 that falls $25.5 million short of the university's funding request.

Responding to instability in the stock market that has shredded revenue estimates for next year, House and Senate leaders on Thursday will seek passage of a $39.15 billion budget accord for the fiscal year beginning Friday that slashes $750 million in projected revenue and $413 million in proposed spending.

Worcester Business Journal's Staff Writer Laura Finaldi has taken over as the publication's healthcare reporter while new hire John McIntyre will serve as the organization's manufacturing reporter.

Anna Maria College is in the preliminary phases of putting together its strategic plan, as President Mary Lou Retelle wraps up her first official year on the job.

With Davis Publications as its anchor tenant, the Printers Building in Worcester has been able to attract business dedicated to manufacturing, education and creation, including makerspace Technocopia and the Worcester CleanTech Incubator.

A new provision in an economic development bill would allow families to claim a tax deduction on college savings.

The workforce in the state could soon see a crunch in college-educated employees, as the number of Massachusetts residents getting a college degree is set to go from growth to decline by 2022, the Massachusetts Department of Higher Education reported Wednesday.

Assumption College announced Monday that it has secured a $1 million grant from the George I. Alden Trust of Worcester towards the college's new academic building that will house the business studies department.

Quinsigamond Community College has received an “unprecedented” gift of $300,000 that will allow it to complete the final phase of its health care programs.