When Gov. Chris Christie of New Jersey initially proposed merging much of the University of Medicine and Dentistry of New Jersey with Rutgers University, no cost estimate was available. A price tag of about $50-million was eventually attached to the plan, which drew sharp criticism over a doomed recommendation to merge Rowan University and the Rutgers campus at Camden.
But now that the governor, state lawmakers, and Rutgers’s two governing boards have approved the acquisition of the new medical facilities, the real price is becoming painfully clear. Robert L. Barachi, the new president of Rutgers, told state legislators on Thursday that the merger would cost at least $60-million and as much as $75-million, according to a news report from The Record.Return to Top