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Sherrill's Budget Slash: NJ Universities Face $93M Cut

Sherrill's Budget Slash: NJ Universities Face $93M Cut

Published 1 month, 3 weeks ago
Description

Governor Mikie Sherrills first budget proposal slashes funding for New Jerseys public universities by over ninety-three million dollars, despite keeping operating aid flat. Rising health benefits and double-digit hikes in state worker plans drive the cuts, along with trims to other programs like property tax relief. Senators and university leaders express concerns, fearing another round of tuition increases. The plan also eliminates aid for Rowans new veterinary school and cuts summer tuition grants. Legislators must wrap the budget by July first, with potential restorations if universities find offsets.

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