(Reprinted from Current Newspapers of Atlantic County, January 8, 2015) Four years ago, I wrote ?a column ?How will Stockton repay $225 million in debt??? ?At that time Stockton College had just borrowed that much for a building and buying spree.? It spent $36 million for the Seaview Golf Resort,? $65 million for its ?designed
Weekly Update – Stockton College email to 9,000 students– Vote ‘YES” for 20 years of higher taxes, tuitions!
Is it now ‘normal’ for Stockton College, funded by all taxpayers, to send a one-sided, biased email to 9,000 students telling them how to vote? Only if you keep quiet about it!
By Seth Grossman, Political Columnist Last month, local businessman Michael Azeez gave $5 million to the Richard Stockton College of New Jersey. In return, Stockton agreed to take over the old synagogue built in 1895 that Azeez had fixed up and turned into a museum. The Form 990 tax returns show it costs roughly $400,000
Who will pay for Stockton?s borrowing and spending spree? By Seth Grossman, Political Columnist (Reprinted from July 21, 2010 Current-Gazette Newspapers of Atlantic and Cape May Counties, http://www.shorenewstoday.com/index….ing-spree.html) ?Total liabilities increased by $101,042,726 in fiscal 2009 primarily due to an increase in debt from the newly acquired tax-exempt debt series 2008A. Total liabilities increased by