Their presentations were made to a capacity audience of over 200 at a statewide conference in Trenton sponsored by the New Jersey Alliance for Action, which was entitled “Building For Tomorrow’s Leaders.” The participants included executives of both public and private colleges and universities in the state.
Alliance President Philip K. Beachem, declared that capital construction projects for higher education play a vital role in boosting the state’s economy and lowering unemployment in the hard-hit construction industry.
New Jersey’s 19 community colleges were represented by Steven Rose, President of Passaic County Community College. He declared that the 19 community colleges have approximately $1 billion in unmet needs. He asserted that New Jersey leads the nation with 30% of its students leaving the state for out-of state institutions. He stressed that the 19 community colleges serve over 400,000 students, but no new capital funding is expected this year from the state.
The conference included a panel discussion on how and when public-private partnership agreements can be utilized by colleges and universities to develop needed capital programs. It was moderated by Robert Gerard, Chief Marketing Officer, Birdsall Services Group, who also served as Chairman of the conference. The panel participants agreed that public-private partnership projects must involve early discussion of risk, responsibility and rewards.
Other presentations at the conference were made by representatives of Rider University, Rowan University, Richard Stockton College of New Jersey and New Jersey City University.