Twenty months ago, in June of 2022, New Jersey City University (NJCU) declared a financial crisis. Its then-President Dr. Sue Henderson announced that she’d be stepping down. It was predicted that the public Hispanic-serving institution (HSI) would face a structural operating deficit of over $22 million, a forecast that officials worried would hurt enrollment and other aspects of the school. The school also asked the state to help with $10 million. Now, things are looking much better for the Jersey City school. Financial rating corporation Moody’s changed its assessment from ‘negative’ to ‘stable.’ Spring graduate, new undergraduate, and undergraduate transfer new enrollment are up by over 25% compared to last year.
