By Adam Clark | NJ Advance Media for NJ.com
TRENTON — With the cost of college rising and graduates swimming in student debt, New Jersey lawmakers are calling for a cap on in-state tuition hikes at the state’s public college and universities.
The Assembly Higher Education Committee on Monday approved a bill (A552) that would place an annual 4 percent cap on in-state tuition and fee increases at public colleges. The proposal would apply to both graduate and undergraduate tuition.
“Student loans to this generation are going to be what the Great Depression was to the World War II generation,” said Assemblywoman Nancy Pinkin (D-Middlesex), one of the bill’s sponsors. “It’s that much of a burden on students.”
Tuition and fees increased at each of the state’s four-year public colleges last fall, with New Jersey City University and Kean University tied for the highest increase at 3 percent.