No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, July 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home College

Massachusetts governor pitches $400M to support research funding

by TheAdviserMagazine
12 months ago
in College
Reading Time: 5 mins read
A A
Massachusetts governor pitches 0M to support research funding
Share on FacebookShare on TwitterShare on LInkedIn



Listen to the article
4 min

This audio is auto-generated. Please let us know if you have feedback.

Dive Brief: 

Massachusetts Gov. Maura Healey has announced plans to propose legislation that would devote $400 million to support research across the state amid federal funding uncertainty. 
The money would be split evenly across two funds: a multiyear research funding pool to support projects at universities, hospitals and research institutions, and an additional funding reserve to support research and jobs at the state’s public colleges. 
“In the face of uncertainty from the federal government, this is about protecting one of the things that makes Massachusetts so special — our global leadership in health care and helping families across the world,” Healey said in the Thursday announcement. 

Dive Insight: 

Healey’s proposal comes as the Trump administration freezes and terminates research grants at universities in its crosshairs to pressure them into making policy changes, along with cutting funding more broadly across major scientific agencies. 

In Massachusetts alone, the Trump administration has terminated research grants valued at nearly $583 million, according to a recent analysis from the Center for American Progress, a liberal think tank. When they were canceled, the grants had $252 million left to be paid out. 

Overall, the Trump administration has terminated research awards valued at roughly $6.9 billion across the U.S., the analysis found. Of that, $3.3 billion of the canceled funding hadn’t yet been disbursed. The analysis did not account for frozen research grants, suggesting the level of hampered research funding across the nation may rise even higher. 

Healey’s announcement pointed to the state’s economic reliance on federal research funding. The state received nearly $8.6 billion in federal research funding in fiscal year 2024, which supported roughly 81,000 jobs and $7.8 billion in household income, recent findings from the University of Massachusetts Amherst found. 

Moreover, Massachusetts accounts for 1 in 10 research and development jobs in the U.S., according to the announcement. 

Half of the $400 million would go toward a one-time funding pool to help pay for projects at universities, hospitals and research institutions. This pool would also support a one-year fellowship program for early-career researchers, the announcement said. 

That pot of money would be housed at MassDevelopment, the state’s development finance agency, and Massachusetts would use interest from its state stabilization fund to finance it. 

The other half of the $400 million would be housed in a bridge funding reserve for the state’s public colleges. That funding would support research costs, partnerships and jobs, including positions for graduate and postdoctorate students. 

That fund would be paid for from revenue from Massachusetts’ Fair Share, which adds a 4% tax on those with incomes above $1 million. 

Several university leaders in the state praised the proposal. They include the president of the University of Massachusetts, the state’s public university system, as well as leaders of private institutions including Boston University, Northeastern University and the Massachusetts Institute of Technology. 

“Advances that spring from our universities, hospitals and laboratories benefit all Americans; if we see these institutions diminished or compromised, all Americans stand to lose,” MIT President Sally Kornbluth said in a statement on Thursday. 

However, Kornbluth noted that “no other source can replace federal funding for sheer scale.”

MIT has seen over $6 million worth of federal grants terminated, according to Center for American Progress data. 

Massachusetts is also home to Harvard University, which the Trump administration has cut off from all future federal research funding. Earlier this month, Harvard officials said the Trump administration’s actions combined with recent congressional moves, such as raising the endowment tax wealthy institutions pay, could cost the university $1 billion a year.



Source link

Tags: 400mFundinggovernorMassachusettspitchesResearchSupport
ShareTweetShare
Previous Post

eBay (EBAY): Focus categories continue to be a growth engine for ecommerce leader

Next Post

Are You Making These Retirement Mistakes? How a HENRY Can Prepare

Related Posts

edit post
Irish unis rethink recruitment as Indian students become more outcome-focused

Irish unis rethink recruitment as Indian students become more outcome-focused

by TheAdviserMagazine
July 22, 2026
0

India’s rise to become Ireland’s largest international student market is prompting universities to rethink how they engage with prospective students,...

edit post
90% of students use AI in the classroom, Instructure poll finds

90% of students use AI in the classroom, Instructure poll finds

by TheAdviserMagazine
July 21, 2026
0

Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief:...

edit post
Five Things I Wish I Knew My First Semester – Faculty Focus

Five Things I Wish I Knew My First Semester – Faculty Focus

by TheAdviserMagazine
July 20, 2026
0

My first semester as a faculty member taught me something I wish I had understood on day one: most of...

edit post
India attracts students from 173 countries as overseas enrolment rises 19%

India attracts students from 173 countries as overseas enrolment rises 19%

by TheAdviserMagazine
July 17, 2026
0

India enrolled 58,134 international students from 173 countries during the 2023-24 academic year, with overseas enrolment rising 18.9% over the...

edit post
“The tsunami keeps coming”: US leaders react to final D/S rule

“The tsunami keeps coming”: US leaders react to final D/S rule

by TheAdviserMagazine
July 17, 2026
0

Yesterday’s announcement from the US government ending the long-standing duration of status visa rule was met with little surprise from educators across...

edit post
Still the Teacher: How California’s AI Law Keeps You at the Center – Faculty Focus

Still the Teacher: How California’s AI Law Keeps You at the Center – Faculty Focus

by TheAdviserMagazine
July 17, 2026
0

Picture this: A colleague spends Sunday night feeding her lesson outline into an AI tool, gets back a polished set...

Next Post
edit post
Are You Making These Retirement Mistakes? How a HENRY Can Prepare

Are You Making These Retirement Mistakes? How a HENRY Can Prepare

edit post
Why Some Seniors Are Quietly Quitting Church Donations

Why Some Seniors Are Quietly Quitting Church Donations

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
Meet ‘Memi,’ the  trillion memory boom powering small-caps, emerging markets, and Japan

Meet ‘Memi,’ the $3 trillion memory boom powering small-caps, emerging markets, and Japan

0
edit post
Blame Cronyism for Our Economic Woes, Not Free Markets

Blame Cronyism for Our Economic Woes, Not Free Markets

0
edit post
Render Completes 98% Of Solana Migration As RENDER Replaces RNDR

Render Completes 98% Of Solana Migration As RENDER Replaces RNDR

0
edit post
FDA Peptide Advisory Panel Faces Questions About Members’ Potential Conflicts of Interest

FDA Peptide Advisory Panel Faces Questions About Members’ Potential Conflicts of Interest

0
edit post
Questions on Extreme Political Activism at the Smithsonian

Questions on Extreme Political Activism at the Smithsonian

0
edit post
Miami Now Tops New York City as More Expensive. It’s Having an Impact

Miami Now Tops New York City as More Expensive. It’s Having an Impact

0
edit post
Meet ‘Memi,’ the  trillion memory boom powering small-caps, emerging markets, and Japan

Meet ‘Memi,’ the $3 trillion memory boom powering small-caps, emerging markets, and Japan

July 22, 2026
edit post
FDA Peptide Advisory Panel Faces Questions About Members’ Potential Conflicts of Interest

FDA Peptide Advisory Panel Faces Questions About Members’ Potential Conflicts of Interest

July 22, 2026
edit post
Miami Now Tops New York City as More Expensive. It’s Having an Impact

Miami Now Tops New York City as More Expensive. It’s Having an Impact

July 22, 2026
edit post
Is Apple stock overvalued? Here’s what AlphaSpace valuation metrics say.

Is Apple stock overvalued? Here’s what AlphaSpace valuation metrics say.

July 22, 2026
edit post
Blame Cronyism for Our Economic Woes, Not Free Markets

Blame Cronyism for Our Economic Woes, Not Free Markets

July 22, 2026
edit post
Questions on Extreme Political Activism at the Smithsonian

Questions on Extreme Political Activism at the Smithsonian

July 22, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Meet ‘Memi,’ the $3 trillion memory boom powering small-caps, emerging markets, and Japan
  • FDA Peptide Advisory Panel Faces Questions About Members’ Potential Conflicts of Interest
  • Miami Now Tops New York City as More Expensive. It’s Having an Impact
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.