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Peter Burnham, the former president of New Jersey's Brookdale Community College, on Tuesday admitted that he used college funds for personal expenses, and faces a five-year prison sentence as a result, The Star-Ledger reported. The personal expenses included personal hotel bills, clothing, electronics, alcohol and groceries. Further, the investigation found that Burnham urged his son to apply for a federal student loan to pay his tuition at Monmouth University, even though the son's tuition was already paid by the college as part of the president's employment contract.