NEWARK - Gov. Chris Christie says spending money on colleges now should save tuition costs in the long run.

Christie announced the funding of a new science and technology building at the New Jersey Institute of Technology, paid for through part of the $750 million higher education bond passed by voters last year.

The governor says he's hoping the investment into the campus will help the school keep costs low. "That's going to allow them to be more aggressive about keeping tuition costs more reasonable for folks because of the strain it puts people and their families," Christie says.

The $86 million spending plan is the largest of the 176 projects approved by voters last November.