FULL RED LINE FLEET REPLACEMENT APPROVED BY MBTA BOARD

Scrapping plans to overhaul railcars that date back to the 1990s, the MBTA agreed Monday to replace its entire Red Line fleet by 2024 by purchasing an additional 120 to 134 cars at a cost of up to $280 million. T officials presented the proposal to the MBTA Fiscal and Management Control Board on Monday and said it would be less expensive per-car and more beneficial than their prior plan of …

Scrapping plans to overhaul railcars that ...

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MASSDOT SHELVES REFINANCING PLAN IT HAD EYED FOR BIG $$$ SAVINGS

An expected $60 million in savings the Baker administration hoped to achieve by refinancing transportation bonds has crumbled to almost nothing amid market volatility. Massachusetts Department of Transportation Chief Financial Officer David Pottier told the MassDOT Board on Monday that he does not now think it is worthwhile to pursue the refinancing plan the board authorized a month earlier…

An expected $60 million in savings the Baker administration hoped to achieve by refinancing transportation bonds has crumbled to ...

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REPORT: HIGHER EDUCATION SUPPORT IN STATE BUDGET ERODING

Massachusetts has cut its higher education funding by an inflation-adjusted 14 percent since 2001, as both tuition and fees and student debt have increased, a new report found. The declining support for the University of Massachusetts system, four-year state universities and two-year community colleges comes amidst “growing importance” of public higher education to the state’s long-term hea…

Massachusetts has cut its higher education funding by an inflation-adjusted 14 percent since 2001, as both tuition and fees and student ...

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