Provide Adequate and Predictable State Funding

“Greater funding for New Jersey’s colleges and universities is critical to expand college opportunity, decrease student costs, and ensure the prosperity of the state’s economy.”

While recognizing the state’s severe fiscal hardships, the report makes a strong case for increasing the state’s contribution to capital financing, operating support, and student financial aid. New Jersey’s public colleges and universities have seen a precipitous decline in state funding over the past two decades. “Continuing down a path that bypasses higher education will lead New Jersey to a fragile economy, fewer good jobs, and a vulnerable future,” the task force warns.

The report recommends that, as soon as fiscally possible, New Jersey should: