Now, in higher education, I am once again proposing to increase student assistance through the Tag Grant Program. The budget calls for an increase of $17 million in Tag funding. And I am restoring aid to independent colleges with a $1 million increase in their funding.
The voters also agreed with me that we needed to invest capital in our state colleges and universities. For the first time in a quarter century, they voted overwhelmingly to invest in our children’s future. We will put to work this spring over $1.6 billion in state and private funds to build classrooms, laboratories and other facilities to grow and modernize our higher education system.
The correlation between the ability to get a job, a higher income, and educational attainment is clear. So let’s make the path to college available to every New Jerseyan who’s willing to do the work to get there.
The full text of his speech is here