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March 16th, 2007

Nothing says it like cash

Abstract:
Isn't service what it's all about? With higher education taking big state cuts over the past few years, the school can use the money. And there is no doubt Lowell, the technology campus of the UMass system, is doing important work for the students and the economy. The school is planning an $80 million bio- and nanotechnology research center, part of a $266 million campus renovation. It is also trying to double its endowment to $40 million in the next two years.

Meehan says he is unsure what he will do with his campaign war chest. "We are looking at the federal rules and regulations and what you can spend it on," he says. But he does say this: "Higher education in Massachusetts will determine our economic destiny."

Source:
boston.com

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