"Massachusetts Millionaire's Tax Funds College Aid Expansion for 25k Students"

Massachusetts Governor Maura Healey announced that the "Millionaire's Tax" will cover tuition for approximately 25,000 state university and community college students. The tax, which applies to those with an annual income over $1 million, will add $62 million to the MASSGrant Plus program, providing funding for tuition, fees, books, and supplies for Pell Grant-eligible students. The program will also reduce costs for full-time students from families earning between $73,000 and $100,000. The initiative aims to increase access to higher education and strengthen the state's economy.