From State House News Service from last week (which no one appears to have picked up, so this is behind a paywall; I assure you this is the whole education funding section):
No Chapter 70 Reform In The House This Year
Though Mariano promised that the House Ways and Means budget proposal will continue funding free school meals for all public school students and commit to fully funding the Student Opportunity Act, he told reporters that reform of the school funding formula is off the table.
Superintendents, school committee members and public school students have made their case at budget hearings for the state to overhaul the Chapter 70 funding formula for public schools, saying that small- to mid-sized districts are facing a financial crisis resulting in teacher layoffs, program cuts and even school closures.
Asked after the chamber event if the House would consider changes to the formula this year — something that Senate President Karen Spilka has signaled an interest in — Mariano said no.
"No. Too much uncertainty," he said, shaking his head.
He did say the House plans to continue funding Commonwealth Cares for Children early education and child care grants, a $475 million program that began with federal dollars during COVID-19 and the state has since taken on.
Overall, Mariano said the House would spend "more than a billion dollars" on the EEC sector. Gov. Maura Healey recommended $1.8 billion in state support for early childhood education in her fiscal year 2026 budget, a 20% increase from fiscal 2025.
Mariano said the House plans to take up legislation aimed to bolster access to early college programming for Bay State students, and voiced his support for three-year college degrees. The Board of Higher Education is considering regulations to allow students to achieve their bachelor's degree with less than the typically-mandated 120-credits.
"I was pleased to see that the Board of Higher Education moved to consider adopting this innovative approach. A reduced bachelor's degree would be especially beneficial to non-traditional students, and it will allow graduates to enter the workforce sooner and with less debt. This is the kind of fresh idea we need in education right now," he said during his speech to business leaders.
"Too much uncertainty" includes "whatever we do is going to cost more," of course.