A state agency will investigate what led to a financial emergency at New Jersey City University in Jersey City.
The New Jersey State Comptroller's Office received a letter from Gov. Phil Murphy requesting a probe, reports the Hudson Reporter.
The office's acting state comptroller, Kevin Walsh said, “We’ll look into what has happened at NJCU and follow the facts where they lead us."
The university declared a financial emergency in June after its president Sue Henderson resigned.
School officials initially said declining enrollment and a underinvestment in the school were to blame for the university's financial troubles.
Since the announcement, the university has reportedly been laying off non-union staff as well as suspending employees' school-issued credit cards.
Murphy, citing recent news reports about the university’s woes, asked the comptroller’s office on August 5 to conduct a full investigation.