New Jersey Governor’s Budget Proposal Includes Significant Cuts to Higher Education
By EsqSocial Corporation 07/05/25
On May 1, 2025, the New Jersey Senate Budget and Appropriations Committee convened to hear testimony regarding Governor Phil Murphy’s proposed higher education budget for FY 2026, which reduces state funding for higher education by more than $400 million, a 16.1% decrease from the previous fiscal year. The cuts affect a wide range of areas and have sparked concerns over the long-term sustainability of the state’s public universities, community colleges, and financial aid programs....
By: McCarter & English, LLP