Thursday, June 29, 2006

South Jersey Colleges Bracing for Budget Cuts

With the July 1st deadline looming, South Jersey colleges may be force to make some very tough choices. Tuition increases, employee layoffs and elimination of some programs are all part of this grim scenario. The administration at Rowan University and Richard Stockton College are working hard to deal with the proposed reduction in state funding

“We had a committee that looked both at cuts and additional revenue sources,” Rowan spokesman Joe Cardona said. “The president has reviewed the list and will present his recommendations to the board of trustees in July.”

Herman Saatkamp Jr., President of Richard Stockton College announced at this month's Board of Trustees meeting, that salary increases based on performance would be eliminated and that he also would not accept an increase.

http://www.pressofatlanticcity.com/news/story/6481239p-6333343c.html

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