By Jarrett Renshaw/Statehouse Bureau
Tony Kurdzuk/The Star-Ledger”If we are serious about improving higher education, this is not enough,” said Senate Budget Chairman Paul Sarlo (D-Bergen).
TRENTON — New Jersey voters in November will be asked to approve a $750 million bond referendum for expansions and upgrades at the state’s colleges under a bill that was approved today by the Senate Budget Committee.
Despite being the largest bond referendum in the state’s history, two leading Democrats on the panel said it should be bigger.
“If we are serious about improving higher education, this is not enough,” said Senate Budget Chairman Paul Sarlo (D-Bergen).
The $750 million for the schools, including the state’s 19 community colleges and its private institutions, is far less than supporters had hoped for. But lawmakers would also rely on $500 million from a previous bond, bringing the financing to about $1.3 billion.
More>>