CNBC Reports on the Day of Action and NJUS

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TRENTON, N.J. (AP) — Students from the state's public colleges say they need to hold jobs and take out loans to be able to afford a higher education in New Jersey.

Students met with lawmakers Tuesday to plead for more higher education funding. An action day is scheduled on campuses Wednesday.

Rutgers University President Richard McCormick told a Senate budget panel Monday that the state's four-year schools expect to hold tuition increases below 10 percent if Gov. Chris Christie's budget is approved.

The budget calls for $714 million in operating aid. That's about the same as last year.

Rutgers senior John Aspray said a 9 percent tuition increase would mean about $1,100 more per student.

Daniela Jorge of William Paterson University says 70 percent of students work 25 hours a week or more.