Monday, August 15, 2022

Governor asks state watchdog to examine state university’s flagging finances BY: NIKITA BIRYUKOV - New Jersey Monitor

Gov. Phil Murphy urged a state watchdog to delve into the flagging finances of New Jersey City University amid reports the state school had depleted its reserves and plunged itself into debt. Murphy’s request comes about a month after the university declared a financial emergency and its longtime president, Sue Henderson, quit. The 5,000-student state university is located in Jersey City and has a campus in Monmouth County.