May 26, 2024


Education is everything you need

NJCU President Cashes In Amid Financial Emergency


New Jersey City University president Sue Henderson stepped down at the end of June as the college declared a financial emergency and requested a $10 million lifeline from the state.

Now Henderson is set to cash in on her departure, earning around $650,000 in severance and sabbatical pay, according to Additional perks, including her housing allowance and other benefits, could equal a golden parachute of nearly $1 million for Henderson, reported.

Critics have accused Henderson of financial mismanagement. The NJCU Faculty Senate cast a vote of no confidence in her leadership, claiming she squandered a surplus at the university and turned it into a staggering deficit that the college must now turn to the state to fix.

Henderson’s payout comes amid the implementation of cost-cutting measures across the university, including the layoff of at least 15 nonunion employees, according to

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