April 20, 2007

New Jersey Colleges Brace for More Financial Blows

By KARIN FISCHER

Relief from budget reductions is seen as only temporary as long-term state deficits loom

After being dealt the most severe budget cutbacks in the nation, New Jersey's public colleges welcomed Gov. Jon S. Corzine's proposal to increase spending on higher education by $50-million, to about $2.16-billion, for the forthcoming fiscal year.

But their ebullience over the proposed increase, which will restore about half the funds that were cut this fiscal year, was quickly dampened by a

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