The controversial bill, which has gone through many changes since Gov. Chris Christie announced the plan in January, would merge Rutgers-Camden with Rowan University and govern them with a joint board. It would also fold most of the University of Medicine and Dentistry of New Jersey (UMDNJ) into Rutgers. Rowan also would take over UMDNJ’s School of Osteopathic Medicine in Stratford.
Proponents say it will save the state money in the long run, but Rutgers officials testified this week that it would cost the university at least $155 million to refinance its debt if it had to cut financial ties with its Camden campus.
At least they’re not planning to call it University of New Jersey.