By James Osborne, Inquirer Staff Writer.

Negotiations over a proposed overhaul of New Jersey’s public universities are unlikely to be completed in time to introduce compromise legislation by Friday, as he had hoped, State Senate President Stephen Sweeney said Tuesday.

“It could be next week, but not much longer than that. It has to be very soon because the clock is ticking,” the Gloucester County Democrat said, referring to Gov. Christie’s desire to have a plan in place by July 1. “Whatever we do we have to have to time vet it. It can’t be rushed through.”

The comments came as skepticism grows among many in Trenton about the likelihood of gaining consensus in a little over a month’s time. Assemblyman Louis Greenwald (D., Camden) last week called the odds of striking a deal by July 1 about the same as being struck by lightning.

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