The budget also includes building on an ongoing affordability promise to get 65% of New Jerseyans a low-cost college education by 2025. The importance of fiscal responsibility at New Jersey universities has been in the spotlight recently, given drops in state aid and enrollment declines that exploded into fiscal crises at small private schools like Bloomfield College and public colleges like William Paterson University and New Jersey City University, along with the millions in operating deficits and outstanding debt racked up by the Rutgers athletics program.
