New Jersey Colleges Brace for More Financial Blows

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

By KARIN FISCHER

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...