New Jersey City University
New Jersey City University 62fa7197d43e8

State will investigate New Jersey City University's financial emergency troubles

Aug. 15, 2022
New Jersey Gov. Phil Murphy has requested that the Comptroller's Office look into what is causing the university's financial woes.
New Jersey City University
New Jersey City University 62fa7197d43e8

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.

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