18A:72A-1 - Preamble, purpose of chapter

18A:72A-1.  Preamble, purpose of chapter
    It is hereby declared that a serious public emergency exists affecting and threatening the welfare, comfort, health, safety and prosperity of the people of the state and resulting from the fact that financial resources are lacking with which to construct required dormitory and other educational facilities at public and private institutions of higher education;  that it is essential that  this and future generations of youth be given the fullest opportunity to learn  and to develop their intellectual and mental capacities;  that it is essential  that institutions for higher education within the state be provided with  appropriate additional means to assist such youth in achieving the required  levels of learning and development of their intellectual and mental capacities;   that it is essential that all resources of the state be employed in order to  meet the tremendous demand for higher educational opportunities; that all institutions of higher education in the state, both public and private, are an  integral part of the total educational effort in the state for providing higher  educational opportunities, and that it is the purpose of this chapter to  provide a measure of assistance and an alternative method to enable  institutions of higher education in the state to provide the facilities which  are sorely needed to accomplish the purposes of this chapter, all to the public  benefit and good, to the extent and manner provided herein.
 
L.1967, c.271.