Monday, July 27, 2020

UMass trustees to cut budget by $171 million, freeze tuition - CHRIS LISINSKI, the Sun

The University of Massachusetts will cut fiscal 2021 spending about 5 percent below last year’s level, part of a strategy to close a $264 million budget gap as the university and students prepare for a different college experience. Outlining the budget gap, UMass President Marty Meehan told the UMass Board that the four campuses plus the medical school collectively face an “unprecedented financial challenge” after balancing about $114 million in revenue losses last quarter.