Last November, William Paterson University in Wayne announced layoffs to address a $30 million deficit. Critics say mismanagement by senior leadership has played a major role in the financial woes at both universities. On June 28, the New Jersey City University board of trustees announced a $20 million deficit, according to the student-run university newspaper, The Gothic Times. But in his letter ordering the investigation last week, Gov. Phil Murphy cited a higher deficit — $67 million and an additional $156 million in debt.
